What does wrapped mean in coding?

I've often seen the term 'wrapped' used in the context of coding and cryptocurrency, but I'm not entirely sure what it means. Could you please explain? Is it related to some sort of packaging or encapsulation of data or functions? Or does it have a more specific meaning in the blockchain and crypto world? I'm particularly interested in understanding how it might be used in smart contracts or decentralized applications. Your clarification would be greatly appreciated!