Don't understand how to use NO CONFLICT. Any help is greatly appreciated

Don't understand how to use NO CONFLICT. Any help is greatly appreciated

Hi- I'm trying to understand how to use jquery noconflict, but I do not know JS,  I have used jquery colorbox many times but I need to add another jquery to a page.

I've tried to understand the process but am lost.

What code do I use and where do I put it?  Do I have to customize the code or can I use a snippet?


Thanks in advance,

Chris