A cross compiler is a compiler that runs on one platform/architecture but generates binaries for another platform/architecture. With devices like the Raspberry Pi, where you really don’t have much CPU or memory to work with, if you’re doing any heavy compiling (like when working on the kernel) a cross compiler is the only way to go. For example, I build all my Raspberry Pi kernels on my nice Sandy Bridge Xeon E3 home server where they compile in only a fraction of the time they would on the Pi.

How to build a cross compiler for your Raspberry Pi (Chris’s Digital Realm)