Microsoft describes it as the following:

Determine if the master browser has the server's name in its list. The master browser is the first server in the chain of communication that must contain the missing server's name

Source: https://support.microsoft.com/en-us/kb/188305

Additionally:

The Master Browser is responsible for the browse list within its respective subnet and portion of the domain on its subnet. The Domain Master Browser is used to collect information from each of the Master Browsers via the NetServerEnum API call. Once collected the list is merged with the Domain Master Browsers list for its own subnet.

Wikipedia - Domain Master Browser

Answer from Ramhound on Stack Exchange
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Microsoft Learn
learn.microsoft.com › en-us › openspecs › windows_protocols › ms-brws › 8e18326b-26a2-4790-a914-d69f64250eb4
[MS-BRWS]: Domain Master Browser Details | Microsoft Learn
April 23, 2024 - A domain master browser server for a domain MUST act as a local master browser server for its subnet. Therefore, it acts

Microsoft describes it as the following:

Determine if the master browser has the server's name in its list. The master browser is the first server in the chain of communication that must contain the missing server's name

Source: https://support.microsoft.com/en-us/kb/188305

Additionally:

The Master Browser is responsible for the browse list within its respective subnet and portion of the domain on its subnet. The Domain Master Browser is used to collect information from each of the Master Browsers via the NetServerEnum API call. Once collected the list is merged with the Domain Master Browsers list for its own subnet.

Wikipedia - Domain Master Browser

Answer from Ramhound on Stack Exchange
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Wikipedia
en.wikipedia.org › wiki › Domain_Master_Browser
Domain Master Browser - Wikipedia
February 18, 2020 - The Domain Master Browser is necessary on a routed TCP/IP network, that is, when a Windows domain spans more than one TCP/IP network. When a Windows domain spans multiple subnets each of the subnets has an independent browser called the Master Browser. The Master Browser is responsible for ...
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Reddit
reddit.com › r/sysadmin › importance of master browser in modern domains?
r/sysadmin on Reddit: Importance of Master Browser in Modern domains?
May 10, 2019 -

I have tried googling this but I can't find anything that makes sense to me.

Our Domain functional level is 2008 R2.

We have an employee from another vendor stating a printer is a Master Browser within our domain, I have never heard the term but from what I can find its from the Pre-2003 days and its function is to create a list of computers within a subnet to enable "Neighbouring" (Not quite sure, But it's almost like an old way to do pathing like \\workstation\c$)

All the subnets have their own Master Browser which reports to the DC, The DC has a list of all the computers within its Browser list(?)

I'm not sure what to make of it, in all honesty it seem severely outdated and would not affect our domain in the slightest, But I do not want to disregard something when I don't understand it.

EDIT:

Found this http://www.thenetworkencyclopedia.com/entry/master-browser/ again seems very outdated.

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Scottie's Tech.Info
scottiestech.info › home › networking › how to determine the master browser in a windows workgroup
How to Determine the Master Browser in a Windows Workgroup | Scottie's Tech.Info
December 27, 2018 - Now, what happens when you have Network Neighborhood turning up blank on you sporadically, or possibly missing several of the computers on your LAN from time to time? Well, in that case, you need to determine who is the Master Browser so that you can narrow down the problem to one computer and see if maybe you need an updated ethernet driver, or there are firewall problems, or whatever.
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Microsoft Learn
learn.microsoft.com › en-us › openspecs › windows_protocols › ms-brws › 3cfbad92-09b3-4abc-808f-c6f6347d5677
[MS-BRWS]: Overview | Microsoft Learn
September 26, 2024 - If computers are arranged in a ... multiple subnets. This functionality is enabled by a special browser servers role that is known as the domain master browser server.<2> This role is usually the ......
Find elsewhere
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Thenetworkencyclopedia
thenetworkencyclopedia.com › entry › master-browser
master browser in The Network Encyclopedia
A machine running Microsoft Windows NT or Windows 2000 that is involved in supporting the functions of the Computer Browser service. The master browser for a domain is usually the primary domain controller (PDC) for that domain.
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Boristheengineer
boristheengineer.co.uk › networks › master_browser.htm
Windows 10 and Master Browser settings
Considerations on the use of Windows networking in windows 10, and the problems with network discovery
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Windows 10 Forums
tenforums.com › network-sharing › 132661-master-browser-question.html
Master Browser question - Windows 10 Help Forums
May 15, 2019 - I have 3 computers all connected to ports on my gateway via ethernet cables. All three are running Windows 10 Version 1809 with yesterday's updates.. Desktop#1 is the Master browser (verified using the nbtstat -n command). Desktop#1 lists all three computer names under Network on File Explorer.
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Microsoft Learn
learn.microsoft.com › en-us › openspecs › windows_protocols › ms-brws › f95bb7d5-6c67-4957-bebc-41687f07e21a
[MS-BRWS]: Glossary | Microsoft Learn
For more information, see [MSLOT] and [MS-MAIL]. master browser server: A server that is responsible for maintaining a master list of available resources on a subnet and for making the list available to backup browser servers.
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O'Reilly
oreilly.com › library › view › linux-in-a › 0596007582 › ch03s04.html
Setting Master Browser Options - Linux in a Windows World [Book]
February 7, 2005 - A local master browser handles browsing tasks on a single subnet. A domain master browser helps integrate multiple subnets. The local master browser is selected automatically by the computers on a network using a process known as an election .
Author   Roderick W Smith
Published   2005
Pages   496
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Smallvoid
smallvoid.com › article › windows-master-browser.html
Description of Master Browser in the Microsoft Network | Smallvoid.com
February 21, 2003 - There is a Backup browser elected for every 32 computer. Master Browser: Responsible for maintaining the Browser-list by adding and removing computers for a single subnet.
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ITPro Today
itprotoday.com › home › it infrastructure
What criteria are used to decide which machine will be the Master Browser?
May 10, 2024 - Master Browser - This machine maintains the list of resources on the network and listens for announcements from other machines to add to the browse list.
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Wikipedia
en.wikipedia.org › wiki › Browser_service
Browser service - Wikipedia
1 month ago - Browser service or Computer Browser Service is a feature of Microsoft Windows to let users easily browse and locate shared resources in neighboring computers. This is done by aggregating the information in a single computer browse master (or master browser).
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Microsoft Learn
learn.microsoft.com › en-us › answers › questions › e878925f-dd1a-451b-a3f3-f2382fe3e1bb › how-can-i-establish-the-master-browser
How can I establish the master browser - Microsoft Q&A
#1 & 2 The Master Browser is a SERVICE (Administrative Tools>Services>Computer Browser, see attached) It maintains a list of network devices.
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Springer
link.springer.com › home › the definitive guide to samba 3 › chapter
Configuring a Master Browser | Springer Nature Link
Many SMB/CIFS clients, including most versions of Windows, rely upon network browsers to help locate resources on the network. These tools are frequently integrated tightly into the OS and make a NetBIOS network look like a filesystem directory tree, with entries for specific servers, shares on servers, and files and directories on server shares. Creating this browse tree doesn’t happen effortlessly, though; it relies upon the presence of a special type of server known as a master browser.