Middle-earth is the setting of much of J. R. R. Tolkien's legendarium. The term is equivalent to the term Midgard of Norse mythology, describing the human-inhabited world, i.e. the central continent of world of Tolkien's imagined mythological past. Tolkien's most widely read works, The Hobbit and The Lord of the Rings take place entirely in Middle-earth, and Middle-earth has also become a short-hand to refer to the legendarium or its "fictional-universe".
Within his stories, Tolkien translated the name "Middle-earth" as Endor (or sometimes Endórë) and Ennor in the Elvish languages Quenya and Sindarin respectively, sometimes referring only to the continent that the stories take place on, with another southern continent called the Dark Land.
Middle-earth is the central continent of Earth (Arda) in an imaginary period of the Earth's past (Tolkien placed the end of the Third Age at about 6,000 years before his own time), in the sense of a "secondary or sub-creational reality". Its general position is reminiscent of Europe, with the environs of the Shire intended to be reminiscent of England (more specifically, the West Midlands, with Hobbiton set at the same latitude as Oxford).
In the time of silence
I saw a trace for my will to be
While in the remnants of my heart
I saw them shine through clouded eyes
In the depths of the night
I reached beyond the brightest stars…
And I touch your wings with my remorse
As I drain my fountain of spring
My deepest reverence
My exposed serenity
From the depths of my boundless heart
I pledge myself to thee
My days of novelty have decayed
I find myself at the end of infinity