Question on notation (topology & fiber bundles)

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This is a very elementary question but I can't quite seem to track down a worthwhile source, so I was hoping someone more knowledgeable than I could lend their superiority.

In Moore & Schochet's book Global Analysis on Foliated Spaces, the following "notational definition" is given:

Let $F$ be a space, let $B^p$ be a manifold..., and let $\tilde B \to B$ denote the universal cover. Suppose given a homomorphism $\varphi:\pi_1(B)\to\operatorname{Homeo}(F)$. Form the space $$M=\tilde{B}\times_{\pi_1(B)}F$$ as a quotient of $\tilde{B}\times F$ by the action of $\pi_1(B)$ determined by deck transformations on $\tilde{B}$ and by $\varphi$ on $F$.

So my question is about $\times_{\pi_1(B)}$: Surely this is an example of a more general notation, and based on the excerpt above, it seems like it's used to denote the usual direct product of two spaces modulo an action by some group?

My question, I guess: To what extent is that accurate? What are the properties of the two spaces whose product is being taken? What is the product of the action by which we're quotienting?

I've seen similar notation (in, e.g., Lawson's Quantitative Theory of Foliations) representing the Moebius strip in the form $\mathbb{R}\times_{\mathbb{Z}}\mathbb{R}$, and I've consulted a number of sources - Hatcher's Algebraic Topology, Steenrod's Topology of Fiber Bundles, etc. - and haven't quite tracked down what I'm looking for. I know there's a similar notation ($\rtimes_\varphi$) used for semidirect products in Dummitt and Foote, too...there's obviously something bigger going on that I don't know enough about to know about.

Any information (including an indication of relevant literature) would be greatly appreciated!