Speaker efficiency or sensitivity refers to ability to produce a certain sound pressure level with a certain input signal at a certain distance, typically measured in #dB/1watt signal/1 meter distance. A high eff speaker would typically be considered 90 dB or above, but that is a subjective interpretation. In other words, with a 1 watt input signal, that speaker would produce 90dB measured at 1 meter distance from the driver.
Others will probably chime in on the difference between efficiency and sensitivity (there is one, its pretty technical, and the terms are often used interchangably, even if not entirely accurately).
Others will probably chime in on the difference between efficiency and sensitivity (there is one, its pretty technical, and the terms are often used interchangably, even if not entirely accurately).