What is mean by thread safe

Hi I've been going through the singleton pattern, But I'm not able to understand how the below code is thread safe :-

public class ThreadSafeSingleton
{
    private ThreadSafeSingleton()
    {
    }

    public static ThreadSafeSingleton Instance
    {
        get { return Nested.instance; }
    }

    private class Nested
    {
        static Nested()
        {
        }

        internal static readonly ThreadSafeSingleton instance = new ThreadSafeSingleton();
    }
}

Can somebody explain it ? Cheers :)