When you have a hierarchical Bayesian model (also called multilevel model), you get priors for the priors and they are called hierarchical priors. Consider for example: $z = \beta_0+\beta_1{y}+\epsilon, \\ \epsilon \mathtt{\sim} N(0,σ)\\ \beta_0\mathtt{\sim} N(\alpha_0,σ_0), \beta_1\mathtt{\sim} N(\alpha_1,σ_1), \beta_2\mathtt{\sim} N(\alpha_2,σ_2)\\ \alpha_0\mathtt{\sim} inverse-\gamma(\alpha_{01},\theta_0)\\ $ In this case, you can say that, $inverse$-$\gamma$ is a hyperprior.