Via Wikipedia https://en.wikipedia.org/wiki/Exterior_algebra#Differential_geometry, there is this given definition
"In particular, the exterior derivative gives the exterior algebra of differential forms on a manifold the structure of a differential algebra."
What does it mean? How does this give the exterior algebra of differential forms on a manifold the structure of a differential algebra?
The set of differential forms along with addition, scalar multiplication, and the exterior product is an algebra (over a field). Add the exterior derivative and you get a differential algebra. That is, an algebra with an operation which is linear and obeys Leibniz's rule.