To add to
@phinds's response
We mean that one end of the resistor is at a lower electrostatic potential than the other. Note that the convention in circuits is that straight lines are considered equipotentials. Here is a gravitational analogy to help you picture it. A straight line in a circuit is like walking a horizontal corridor - no change in gravitational potential energy. Stairs are like resistors. If you encounter stairs going up, you have a rise in gravitational potential from the bottom of the stairs to the top. If you encounter stairs going down, you have a drop in gravitational potential from the top of the stairs to the bottom. The same idea applies to electric potential. BTW, if you walk inside a building and visit various people on various floors but eventually end up where you started, the sum of all your potential rises and drops is zero. The same applies to charge carriers in electric circuits and the idea is called Kirchhoff's Voltage Law (KVL).