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The blue, bold underlined link reading "Jim's widgets" obviously isn't the URL. Is that a title submitted to the engines? Also, the decription below was exact text from about half way through the index page. Did the person who submitted the url designate that as the descriptive stuff or do the spiders magically produce descriptive text? Also, if the descriptions are not bot generated, is it done during the creation of the web page or at the time of submission? Thanks.
But the other information that is shown is text that Google takes from the page. Google decides what will be displayed and we have only a little control over that.
One or more words of what you searched from should be in the title shown in Google, but they may only show up in the text below the title in Google.
It seems that if Google only finds the text you searched for in the title, it just displays part of the first text it finds on the page.
Of course, other sytems are different, with many of them showing you the title and the text from the description tag.
I hope this helps.