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Fly Ball Triple

A batter advancing to third base on a base hit, no matter where the ball is hit, and provided there’s no error on the play, is called a "triple". Often times, a fly ball that goes for a triple is a ball that a fielder is at least going to be in the vicinity of when it lands— one characteristic of a fly ball being that it has more hang time than a line drive— but for whatever reason, the fielder can't get to it, and then it gets away from them just enough that the batter/runner can capitalize. Indeed, you'll sometimes hear triples described as "doubles with speed," which can be a fair assessment sometimes.

If a batter has enough speed/luck/hubris, they may attempt to make it all the way home for an inside-the-park home run. If they try, the defense will almost certainly make the play at home. Otherwise, the runner will take third, and the defense will adjust accordingly as they prepare for the next batter.