Understanding jQuery UI widgets: A tutorial
“Widget” to me means a user-interface element, like a button or something more complicated like a popup date picker, but in jQuery UI terms it means a class, members of which are associated with HTML elements; things like Draggable and Sortable. In fact, not everything that I would have called a widget uses $.widget; the UI datepicker does not.
A great tutorial on how to write jqueryUI widgets