What is the meaning of the term "cutoff" in the context of poker, and how does it impact gameplay in cutoff poker?

In Poker, the "cutoff" is the position at the table right before the dealer button. Players in this position have an advantage as they get to act later in the betting rounds, allowing them to make more informed decisions based on the actions of other players. This can impact gameplay by giving cutoff players more opportunities to bluff, steal blinds, or make strategic bets.