Moisture content and equilibrium
Moisture content is the weight of water in the wood as a percentage of the dry wood. Freshly felled timber can exceed 50–80%; furniture for a heated home needs roughly 6–9%, and joinery for outdoors more. Wood dries toward an equilibrium moisture content (EMC) set by the surrounding temperature and humidity — it will not dry below what the air allows, which is why indoor and outdoor targets differ.
Air-drying is slow and rule-of-thumb (the old guide of roughly a year per inch of thickness is a starting point, not a guarantee), and depends heavily on species, thickness, climate, and stacking. Kiln drying is faster and more controllable. The estimator gives an indicative timescale and target so you can plan, then confirm with a moisture meter before working the wood.