What is a cronjob and how can it be used to schedule PHP script execution?

A cronjob is a time-based job scheduler in Unix-like operating systems. It can be used to schedule the execution of PHP scripts at specific times or intervals. By setting up a cronjob, you can automate tasks such as sending emails, generating reports, or updating database records without manual intervention.

```php
// Example PHP script to be executed via cronjob
<?php
// Your PHP script code here
?>
```

To schedule the execution of the above PHP script using a cronjob, you can add the following line to your crontab file:

```
0 0 * * * php /path/to/your/script.php
```

This cronjob will run the script every day at midnight. You can customize the schedule by adjusting the time and frequency according to your requirements.