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A telescoping sum is a sum in which cancellation occurs between subsequent terms, allowing the sum to be expressed using only the initial and final terms.
Formally a telescoping sum is or can be rewritten in the form
$$ S= \sum_{n=\alpha}^{\beta}\left(a_n - a_{n+1}\right) = a_\alpha - a_{\beta+1}$$
where $a_n$ is a sequence.
Example:
Define $S(N) = \sum_{n=1}^{N} \frac{1}{n(n+1)}$ Note that by partial fractions of expressions: $$ \frac{1}{n(n+1)}= \frac{1}{n} - \frac{1}{n+1} $$ and thus $a_n = \frac{1}{n}$ in this example.
$$ S(N) = \sum_{n=1}^{N} \left( \frac{1}{n} - \frac{1}{n+1} \right) $$ $$ = \left( 1 - \frac{1}{2} \right) + \cdots + \left( \frac{1}{n} - \frac{1}{n+1} \right) + \left( \frac{1}{n+1} - \frac{1}{n+2} \right) + \cdots + \left( \frac{1}{N} - \frac{1}{N+1} \right) $$ $$ = 1 + \left( - \frac{1}{2} + \frac{1}{2} \right) + \cdots + \left( -\frac{1}{n+1} +\frac{1}{n+1} \right) + \cdots - \frac{1}{N+1} $$ $$ = 1 - \frac{1}{N+1} $$
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