Today's most common PV devices use a single junction, or interface, to create an electric field within a semiconductor such as a PV cell. In a single-junction PV cell, only photons whose energy is equal to or greater than the band gap of the cell material can free an electron for an electric circuit. In other words, the photovoltaic response of single-junction cells is limited to the portion of the sun's spectrum whose energy is above the band gap of the absorbing material, and lower-energy photons are not used.
One way to get around this limitation is to use two (or more) different cells, with more than one band gap and more than one junction, to generate a voltage. These are referred to as "multijunction" cells (also called "cascade" or "tandem" cells). Multijunction devices can achieve a higher total conversion efficiency because they can convert more of the energy spectrum of light to electricity.
In other words, a multijunction device is a stack of individual single-junction cells in descending order of band gap. The top cell captures the high-energy photons and passes the rest of the photons on to be absorbed by lower-band-gap cells.