Its where you fully charge the battery and then use it as normal until its completely flat...then you fully charge it again. Thats a conditioning cycle and completely unnecessary with Li-ion batteries other than to reset any BMS fuel gauge that may be fitted (so the battery level LEDs read correctly).
My brother's Fast4ward has a Li-ion battery. Here are some parts of the user guide:
Fully recharge your battery as soon as possible
because a lithium ion battery left in a discharged
condition deteriorates much faster than a fully charged
battery.
NOTE: Prior to its first use, charge the battery supplied
with your Fast4ward RIDE for at least 12 hours.
NOTE: You may recharge the battery at any time,
regardless of its state of charge. As your battery ages,
it will gradually lose capacity. With proper care and
maintenance, your battery will retain up to 80% of its
capacity over at least 500 discharge/recharge cycles.
As capacity diminishes, you will notice a gradual drop
off in maximum range capability.
There is also a section on charging which says:
Before using for 1st time - 12 hours
First 3 charges - 12 hours
Normal charging - 4-6 hours
After every ten charges - 12 hours
CAUTION: Avoid leaving the battery charger ON and plugged
into your battery for more than 12 hours at a time. Once the
battery is fullycharged, turn OFF the charger and unplug it from
the pack.
So, according to this information you should charge the battery for 12 hours after every 10 charges regardless of whether the battery is fully discharged or not. So, this is not a conditioning charge to reset the BMS fuel gauge. So , umm, what is it?