[c] What EXACTLY is meant by "de-referencing a NULL pointer"?

A NULL pointer points to memory that doesn't exist. This may be address 0x00000000 or any other implementation-defined value (as long as it can never be a real address). Dereferencing it means trying to access whatever is pointed to by the pointer. The * operator is the dereferencing operator:

int a, b, c; // some integers
int *pi;     // a pointer to an integer

a = 5;
pi = &a; // pi points to a
b = *pi; // b is now 5
pi = NULL;
c = *pi; // this is a NULL pointer dereference

This is exactly the same thing as a NullReferenceException in C#, except that pointers in C can point to any data object, even elements inside an array.