I\'ve come across the term \'Functor\' a few times while reading various articles on functional programming, but the authors typically assume the reader already understands
Given the other answers and what I'm going to post now, I'd say that it's a rather heavily overloaded word, but anyway...
For a hint regarding the meaning of the word 'functor' in Haskell, ask GHCi:
Prelude> :info Functor
class Functor f where
fmap :: forall a b. (a -> b) -> f a -> f b
(GHC.Base.<$) :: forall a b. a -> f b -> f a
-- Defined in GHC.Base
instance Functor Maybe -- Defined in Data.Maybe
instance Functor [] -- Defined in GHC.Base
instance Functor IO -- Defined in GHC.Base
So, basically, a functor in Haskell is something that can be mapped over. Another way to say it is that a functor is something which can be regarded as a container which can be asked to use a given function to transform the value it contains; thus, for lists, fmap coincides with map, for Maybe, fmap f (Just x) = Just (f x), fmap f Nothing = Nothing etc.
The Functor typeclass subsection and the section on Functors, Applicative Functors and Monoids of Learn You a Haskell for Great Good give some examples of where this particular concept is useful. (A summary: lots of places! :-))
Note that any monad can be treated as a functor, and in fact, as Craig Stuntz points out, the most often used functors tend to be monads... OTOH, it is convenient at times to make a type an instance of the Functor typeclass without going to the trouble of making it a Monad. (E.g. in the case of ZipList from Control.Applicative, mentioned on one of the aforementioned pages.)