Sure. It stands for a place to fill in data, such as the NM of the person you want to look up, or the TT of the movie, or the Title of the movie or...
It's like a variable, or a place where a variable's value goes.
The is the crucial question! Suppose the query is:
Is that:
which matches nothing
Or is it
which matches everything
The bad case is when the or 1=1
is parsed as part of the SQL code, as opposed to a value.
As many times as you'd like!
The wrong way is to use string interpolation:
The right way is to use a prepared query