The phrase "meaning and purpose" refers to the idea that everything in life has a reason for existing or happening, and that understanding this reason gives things significance and value. It suggests that there is more to life than just random events, and that everything happens for a reason, with a deeper meaning behind it. This concept can be applied to various aspects of life such as relationships, careers, hobbies, and experiences, encouraging people to seek out the purpose or significance behind what they do in order to find greater fulfillment and understanding.