If you fix a grothendieck topology $\tau$ on a category $C$, and you take $U$ a simplicial presheaf on $C$, and let $V$ be a discrete simplicial presheaf coming from a representable sheaf on $C$, then $U\to V$ is a hypercover if at each level $U_n$ is a coproduct of representables, and additionally $U_0\to V$ is a $\tau$-cover, and each $U^{\Delta^n}\to U^{\partial\Delta^n}$ is a $\tau$-cover when restricted to degree zero (simplicial exponential objects)
Then taking a bousfield localisation of sPre(C) with respect to these maps gives us a category of spaces which are said to satisfy $\tau…