pretty much the user nobody has zero permission...
for example, the apache webserver often runs as user nobody. that said, if you want to give it access to write a folder or file you have to chown the file/directory to nobody (chown -R nobody:nobody somefolder)
what this means not having any access except that which is explicity set, is that it can't be taken over and operated as some user, except as nobody. imagine if apache ran as root and someone found a way to send custom commands to the console through apache... scary huh? but yeah, that's the idea behind it