A z-score, also called a standard score, is the number of standard deviations a data point lies from the mean of its distribution.
A z-score of 0 sits exactly at the mean, +1.5 lies one and a half standard deviations above it, and −2 lies two standard deviations below.
Because it rescales any variable to a common unit, the z-score lets you compare values measured on different scales — a test score against a height, for example.
According to Wolfram MathWorld, the standard score standardizes a normal variable to a distribution with mean 0 and standard deviation 1, the foundation of nearly every parametric statistical test.