"Hz" = Hertz. Names after the German geezer that made it up.
It's a unit of measurement meaning "times per second".
Television set wise it means how many times the beam for displaying the image in an older CRT set would need to make a "sweep" down the image to make up one complete frame
So one complete picture, or "frame" if you like, would use 2 sweeps down the tube face to make it up. This is using interlaced video, where the information for video is transmitted in the order of lines 1 3, 5, etc, then 2, 4, 6 etc. There are 25 frames per second, as as there are 2 sweeps to 1 frame, 50Hz = 25fps.
Progressive video is transmitted in the order of lines 1, 2, 3, 4, 5 etc. Unlike interlaced, each sweep makes up one whole picture within the same timeframe. So there's double the amount of information transmitted - effectively 100Hz instead of 50Hz.