Formal:
* Je sais ce que cela voulait dire. (This is the most direct and literal translation.)
* J'ai compris ce que cela signifiait. (This emphasizes understanding the meaning.)
Informal:
* J'ai compris ce que tu voulais dire. (This is more casual and assumes you're talking to someone directly.)
* Je sais ce que tu voulais dire. (This is also casual and emphasizes knowing the intended meaning.)
Other possibilities:
* Je comprends ce que cela signifie. (This emphasizes understanding the meaning in a present context.)
* J'ai compris l'intention. (This highlights understanding the speaker's purpose.)
The best translation depends on the specific situation and the relationship between the speaker and the listener.