As the numbers approach zero (become less negative) the receiver is putting out more power, but are basically meaningless unless you calibrate the receiver to a known level. The output Sound Pressure Level (SPL) depends on lots of factors such as your speakers and room size so saying my volume is at -50 dB means nothing if you haven't calibrated. That would mean 50 dB below some level - but what level?
Typically you calibrate by picking a number on the volume dial to be your reference volume position and calibrate such that turning the knob to that position yields a specific output SPL. The level most commonly used is Dolby Reference Level and the volume position most commonly used is 0 dB.
You need a Radio Shack SPL meter set to C weighting and Slow response. Set the volume dial to 0 dB. Now play the receiver's internal test tones (which are at -30 dB = 30 dB below 'full scale digital') and adjust the channel levels so that each channel reads 75 dB on the SPL meter. Now all the channels are balanced and at 0 dB on the volume knob, the system is producing 105 dB peaks (75+30=105), which is Dolby Reference Level.
Now if you turn the volume knob to say -20, you are listening at 20 dB below reference level which means the peaks will be 95 dB (20 dB below 105 db). The average level will be much lower because music/movies aren't constantly at peak values.
If you just want to know what the SPL level is at any point on the dial, whether you calibrated or not, set the meter to A weighting, Fast response and just read the meter.