association -- a relationship between instances of the two classes. There is an association between two classes if an instance of one class must know about the other in order to perform its work. In a diagram, an association is a link connecting two classes.
aggregation -- an association in which one class belongs to a collection. An aggregation has a diamond end pointing to the part containing the whole. In our diagram, Order has a collection of OrderDetails.
generalization -- an inheritance link indicating one class is a superclass of the other. A generalization has a triangle pointing to the superclass. Payment is a superclass of Cash, Check, and Credit.
A Class diagram gives an overview of a system by showing its classes and the relationships among them. Class diagrams are static -- they display what interacts but not what happens when they do interact.
This class diagram models a customer order from a retail catalog. The central class is the Order. Associated with it are the Customer making the purchase and the Payment. A Payment is one of four kinds: Cash, Check, Credit or Wire Transfer. The order contains OrderDetails (line items), each with its associated Item.