Path
From FreeBSDwiki
Just as in MS-DOS, your path will be the directories that the OS will search for commands. Commonly, your path will include: /sbin /bin /usr/sbin /usr/bin /usr/games /usr/local/sbin /usr/local/bin /usr/X11R6/bin /home/[your username here]/bin
WARNING Don't ever, ever, ever, for any reason, put . in your path. Placing whatever your current directory is in your path may be convinient, but it's a delightfully easy way to run the wrong file -- many unix exploits rely on getting a user (or root) to run a trojaned file with the same name as a commonly run file.