A global entry point is essentially the name of a subroutine or function that you can call. Simple case in point: Suppose you have the standard VBA library, which is a .DLL file. That file contains the code for various functions such as INSTR() or SQRT() or LEFT() - or any other VBA functions you might wish to call from a VBA routine. If you have the Windows Scripting runtime library, it will contain the functions involving the File System Object, such as DIR() and MOVEFILE and other code.
The files I named would have entry points such as INSTR or SQRT or LEFT or DIR or MOVEFILE, because you call those functions by those names. Those are the global entry points.
The term "entry point" refers to the fact that you cannot see everything inside the .DLL file because it is hidden, very similar to class objects. You can only see the things that the file's author allows you to see. Entry points are among the things defined for global access. The "Global" part is because when building programs that use libraries, it is not at all rare to see the image-builder look through a list of libraries to match global entry points from the libraries to external routine references from the program being built.