0/0 is defined as an "indeterminate form". The quotation marks signify that I'm not sure if this is the most accurate term.
For example: a/0:
If a is a positive real number, 1/0 equals positive infinity.
If a is a negative real number, a/0 equals negative infinity.
If a=0, then a/0 is undefined.
Also, by definition, 0^0=0/0, so that too is indeterminate.
People who have studied algebra may know that you can solve for one variable in a rational expression if that variable is the only variable in the numerator. For example:
x/(abcdefghijklmnopqrstuvwyz) can equal 0 (x=0) as long as {a,b,c,d,e,f,g,h,i,j,k,l,m,n,o,p,q,r,s,t,u,v,w,y,z =/= 0}.
However, (x^2-2x+1)/(x-1)=0 does not have a solution, because the numerator (x^2-2x+1) only equals 0 when x=1, and if x=1, we obtain the indeterminate form 0/0, which doesn't equal 0 or 1. So, be careful when solving rational expressions and make sure that the denominator doesn't equal 0.