A) Tolerance of other faiths to the extent of accepting that other people believe and practise differently.
B) Relaxation or elimination of state control of religion or state religion.
C) Acceptance (or toleration) of the methods and results of the scientific approach.

Maybe we've got around to thinking that way now - but it certainly wasn't what the Reformation was about. And the Reformers would be turning in their grave at the notion that that was what they were trying to bring about. It took a good few centuries after that before those kind of ideas got too much of a hearing.