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A leap year (also known as an intercalary year or a bissextile year) is a year containing one additional day (or, in the case of lunisolar calendars, a month) added to keep the calendar year synchronized with the astronomical or seasonal year.
A leap-year is 365.242374 days... which of course is only 0.000126 days (10.8864 seconds). However, if you don't add up those seconds, then after every 8,000 years or so, your Gregorian calendar would be off by 1 day. Hence, we add in the extra day of February 29 every four years.