Modern philosophy is philosophy developed in the modern era and associated with modernity. It is not a specific doctrine or school (and thus should not be confused with Modernism), although certain assumptions are common to much of it, which helps to distinguish it from earlier philosophy.
The 17th and early 20th centuries roughly mark the beginning and the end of modern philosophy. How much of the Renaissance should be included is a matter of dispute, as is whether modernity ended in the 20th century and has been replaced by postmodernity. How one answers these questions will determine the scope of one's use of the term "modern philosophy."