standard candle
Imagine you know that a particular kind of lamp always shines with exactly the same true brightness. If you then see one of these lamps far down a dark street looking faint, you can work out how far away it is just from how dim it appears — because brightness falls off in a fixed, predictable way with distance. A standard candle is the astronomical version of such a lamp: a class of object whose real, intrinsic brightness we know in advance.
The physics behind it is the inverse-square law of light: an object's apparent brightness drops as one over the distance squared, so an object twice as far looks four times fainter. If you know the true luminosity (the actual light output) and you measure the apparent brightness, the distance follows directly. The trick is finding objects whose true luminosity is genuinely known. The best examples are Cepheid variable stars, whose pulsation period reveals their luminosity, and Type Ia supernovae, exploding white dwarfs that all reach nearly the same peak brightness — bright enough to be seen across billions of light-years.
Standard candles are the workhorse middle rungs of the cosmic distance ladder, carrying measurement from nearby stars out to distant galaxies, far beyond the reach of parallax. They were how Edwin Hubble first showed that other galaxies lie far outside the Milky Way, and how the accelerating expansion of the universe was discovered with Type Ia supernovae. The honest catch is that the true brightness must itself be calibrated by a lower rung, and real candles are never perfectly identical — accounting for those small differences is a constant, careful part of the work.
A Type Ia supernova flares up in a distant galaxy, briefly outshining billions of stars. Because every Type Ia peaks at nearly the same true brightness, astronomers read its faint observed peak and conclude the galaxy lies, say, 500 million light-years away.
Known true brightness plus measured faintness gives distance.
No standard candle is perfectly uniform; Type Ia supernovae, for instance, must be 'standardised' by correcting for how fast they fade. Calling them standard is a useful idealisation, not an exact truth.