- The class Conjureris created.
Yes. More accurately, the Conjurer class is opened, meaning that it's being opened for modification. In this case, the conjure method is being added.
In Ruby, you can open a class many times:
class Conjurer
  def self.something
    # code
  end
end
class Conjurer
  def self.other_thing
    # code
  end
end
This is the same as doing
class Conjurer
  def self.something
    # code
  end
  def self.other_thing
    # code
  end
end
- An instance method of the class is called, representing the class itself.
No. It's not a method call, it's a method definition. The def keyword defines a new method. The def self. defines a method for the Conjurer class rather than a Conjurer.new instance.
- It is given permanent parameters nameandlambda.
Almost. The parameters are name and lambda, but they're not arguments of a call (see here for the difference between argument and parameter), because that isn't a method call, is a method definition.
- Unsure what define_method name, lambdameans.
define_method is part of the Ruby language. It does what is says, it defines a method with the name name that when called, executes lambda. See the docs here.