Saturated means it can't hold any more hydrogen's. Unsaturated
means it has some double bonds that can open up.
For example:
H H H H H H
l l l l l l
H-C-C-C-C-C-C-H is saturated
l l l l l l
H H H H H H
H H H H H
l l l l l
H-C-C=C-C-C-C-H is unsaturated. It has the double bond
l l l l l
H H H H H