A label object is normally used to indicate what the purpose of another object is (e.g. to tell what is being edited in an edline). A label assumes that it is positioned either left of or above the object which it has to label.
When the label is displayed to the left of another object, the name in the
label will be displayed at the top right. If the label is positioned above
another object, then the text will be displayed at the bottom left.
The Type Word
When creating this type of object, the type parameter is:
PW('TYPE_LABEL')
The tags
Here are the tags for this object.