Why The ionosphere bends (refracts) signals back toward Earth only up to a limit set by its electron density and the angle at which the wave enters. For a given incidence angle, the highest frequency that still gets bent back instead of passing into space is the critical frequency; above it the signal punches through the layer and is lost. Measured straight up (vertical incidence) this is foF2, and the usable frequency rises as the angle gets lower, which is why long, low-angle paths support higher bands than short ones.
Watch out The choice about the lowest frequency refracted back confuses this with the LUF, and the LUF is set by D-layer absorption, not by failure to refract. Lower frequencies are refracted more easily, not less.
Critical = ceiling. Go above it and your signal goes through the ionosphere, not back down.