# What does median survival mean in the context of a Kaplan-Meier estimator?

I have run a Kaplan Meier estimator with the survival package and it gives a median.

survfit(Surv(time, status) ~ 1, data = df)

Call: survfit(formula = Surv(time, status) ~ 1, data = data)

n  events  median 0.95LCL 0.95UCL
125     33    76     51      88


Is this median the median survival rate? And if so what does it tell me? Does it give the median time individuals survive? Or is it the time when the survival probability for individuals is at 0.5? Could somebody please clarify?