The document is a comprehensive guide to the Managed Extensibility Framework (MEF) in Silverlight 4, detailing its purpose as an extensible framework for composing applications from loosely-coupled parts. It explains key concepts such as inversion of control (IoC), composition, and the role of catalogs and parts in application development. The document also highlights the benefits of using MEF, including improved testability and dynamic recomposition of parts, alongside examples and practical scenarios.