The term torsion can denote very different concepts:
In algebra, the torsion subgroup of a group is the group of elements of finite order (meaning: elements such that there is such that (with factors in the product)); similarly in ring theory an element of a module over a ring is a torsion element if it is annihilated by a nonzero element of the ring. A module is torsion (resp. torsion-free) if all its elements are torsion (resp. not torsion, except for zero). Classes of torsion and torsion-free modules are examples of pairs of classes of objects in abelian categories which make a so-called torsion theory (introduced by Dickson), which is one of the approaches to the localization of abelian categories.
There is an invariant in homotopy theory called Reidemeister torsion; it is related to Whitehead torsion used in surgery theory; it is a topological invariant of a manifold which is a sort of nonabelian class, nowadays understood to relate to things like quantum dilogarithm, scissors congruences and geometry of hyperbolic 3-manifolds. Index theory relates in Riemannian geometry, Reidemeister torsion to the analytic or Ray-Singer torsion, more recently studied also by Witten by means of Feynman integral methods.
Usually there is no risk of confusion, since these terms are used in very different areas of mathematics. Except maybe for the following situation:
when a -gerbe on a manifold is used as the background field of a sigma-model for conformal field theory, its curvature 3-form characterizes the torsion – in the differential geometric sense – of a connection induced on the tangent space of from the coresponding 2-spectral triple. At the same time, it is of interest whether the characteristic class of the gerbe, which is an element in is a torsion element in the sense of group theory. Authors in this area will often say sentences like “The gerbe is torsion.” which may sound ambiguous for this reason. But if the author knows what a gerbe is, he or she almost surely means the group-theoretic sense.