If the line of action of the applied force is not through the "centroid" of the body (more appropriately the centre of mass, shortened as CM), then the body will both rotate and translate linearly.
What does this mean? Well, consider a wheel rolling on the road. If you focus your attention on the centre of the wheel (which, coincidentally, is also the CM of the wheel), you will see that it moves in a straight line. Any other particle on the wheel moves in complicated paths. This is the speciality of the centre of mass of a system, which moves in a straight line path in absence of a net external force on the system.
So now imagine you drive in a car alongside the wheel, and you adjust your speed so that the centre of the wheel appears to be stationary (just don't crash your car. It's precious). What you essentially did was move into a frame of reference having the same velocity as the wheel. Now if you look at the wheel, the wheel seems to be rotating about its centre! Whoa!
So you use this knowledge, and when you stop the car, you say that the wheel is both, translating (it's CM moves at a constant velocity), and rotating (in the frame of CM, the wheel is rotating). In fact, the above discussion applies to all bodies.
Now, when you apply a force not passing through the CM of the body, it has a torque about the CM of the body, and thus the force plays two roles. It not only accelerates the centre of mass, but it also gives angular acceleration to the body, that is, if you stick to the frame of centre of mass (here the frame is not inertial!), you will see that the body is rotating about the CM, but its angular velocity (rotational speed) is increasing, thus it has angular acceleration. All this ultimately means the body both translates, and rotates about the CM (although the "rotation" can be only seen properly in the frame of CM).