Unit content
Normal and shear strain
Strain measures deformation relative to the original size of a body, so it is dimensionless.
Normal strain
For a bar with original length $L$ that changes length by $\Delta L$, the average normal strain is
$$\varepsilon=\frac{\Delta L}{L}.$$
Positive normal strain represents extension; negative normal strain represents contraction.
Shear strain
Shear deformation changes angles. For small deformation, engineering shear strain $\gamma$ measures the change in angle between lines that were initially perpendicular.
A simple block displaced sideways by $\Delta x$ over height $h$ has approximately
$$\gamma\approx\frac{\Delta x}{h}.$$
Strain and displacement
Displacement tells how far points move; strain tells how those motions change distances and angles within the material. A rigid translation can therefore have displacement without strain.
Stress describes internal loading, while strain describes the resulting geometric deformation.