What is the meaning of Headroom?

The vertical clearance above someone's head, as in a tunnel, doorway etc.

The vertical measurement, top to bottom, for example for clearance under a bridge.

The ability of a system to reproduce loud sounds free of distortion; dynamic headroom.

The distance between the actual performance of an algorithm and its maximum possible performance.

Synonym of headspace (space between the top of the contents of a container and its seal)

Source: wiktionary.org