SQL Server Agent is a Microsoft Windows service that executes scheduled administrative tasks, which are called jobs. SQL Server Agent uses SQL Server to store job information. Jobs contain one or more job steps. Each step contains its own task, for example, backing up a database. SQL Server Agent can run a job on a schedule, in response to a specific event, or on demand.
From Microsoft.com:
SQL Server Agent is a Microsoft Windows service that executes scheduled administrative tasks, which are called jobs. SQL Server Agent uses SQL Server to store job information. Jobs contain one or more job steps. Each step contains its own task, for example, backing up a database. SQL Server Agent can run a job on a schedule, in response to a specific event, or on demand.