It's the target backup location (the default is <zimbra_home>/backup).
I used to symlink or mount /opt/zimbra/backup to another location; however as of 4.5.6 you can change that default in the admin console backup tab; aka the graphical interface for setting:
zimbraBackupTarget
zimbraBackupReportEmailSubjectPrefix
zimbraBackupReportEmailSender
zimbraBackupReportEmailRecipients
These we're added in RFE:
Bug 12442 - Backup/restore: add support for notification
Is this backup going to be in addition to the scheduled full & incremental backups? (aka another cron/manual?)
The default full backup is scheduled for 1:00 a.m., every Sunday. The default incremental backups are scheduled for 1:00 a.m., Monday through Saturday. This is the recommended schedule to have incremental backups run daily and a full backup run weekly. By default, backups older then a month are deleted on the first of each month at 12 a.m.
See
zmschedulebackup if you would like to modify this schedule.