Evaluation Criteria "created, and every time it’s edited to meet subsequently criteria" in Salesforce Process Builder?

Hi Manpreet

After choosing object on which you want to start the process.

When you click on the add criteria button in the process builder in that after filling criteria name and setting all  the conditions.you will find an advance option field at the last on.This was the Evaluation Criteria
“created, and every time it’s edited to meet subsequently criteria after checking this yes checkbox you will get this criteria.

Some thing like this shown below in the red area

Hoping this is the answer for your query: