x = don't play string o = play open string
If the same fingering appears for more than one string, place the finger flat on the fingerboard as a 'bar', so all the strings can sound.
Examples of use
The C/Bb is effectively a C7 chord in 3rd inversion.
It is commonly used as a passing chord from I to IV.
In C major, that means it's a passing chord between C and F