Caster is the angle of the steering axis (the part of the suspension that supports the wheel and tire assembly). Viewed from the side of the vehicle, an imaginary line drawn between the centers of the upper and lower ball joints forms an angle with true vertical; this is defined as caster. Caster is important to steering feel and high-speed stability.
Viewed from the front of the vehicle, camber describes the inward or outward tilt of the tire. The illustration to the right shows whether this tilt is referred to as positive or negative. The camber adjustment maximizes the tire-to-road contact and takes into account the changes of force when a vehicle is turning. Camber is the one adjustment that can be set according to driving habits. Generally, if you drive more aggressively when cornering, more negative camber can be set. If you drive on highways and do very little hard cornering, more positive camber can be set.
Viewed from above the vehicle, toe describes whether the fronts of the tires are closer (toe-in) or farther (toe-out) apart than the rears of the tires. Toe settings vary between front and rear wheel drive vehicles. In a front wheel drive vehicle, the front wheels try to pull toward each other when the vehicle is in motion, which requires a compensating toe-out setting. A rear wheel drive vehicle works just the opposite, necessitating a toe-in setting. Stated differently, toe is set to let the tires roll in parallel (at zero toe) when the vehicle is in motion.