Labels display text and are usually placed next to other controls.

You place a label on a form when you need to identify or annotate another component such as an edit box or when you want to include text on a form. The standard label component, TLabel, is a non-windowed control, so it cannot receive focus; when you need a label with a window handle, use TStaticText instead. 

Label properties include the following:

• Caption contains the text string for the label.
• Font, Color, and other properties determine the appearance of the label. Each label can use only one typeface, size, and color.
• FocusControl links the label to another control on the form. If Caption includes an accelerator key, the control specified by FocusControl receives focus when the user presses the accelerator key.
• ShowAccelChar determines whether the label can display an underlined accelerator character. If ShowAccelChar is True, any character preceded by an ampersand (&) appears underlined and enables an accelerator key.
• Transparent determines whether items under the label (such as graphics) are visible.

Labels usually display read-only static text that cannot be changed by the application user. The application can change the text while it is executing by assigning a new value to the Caption property. To add a text object to a form that a user can scroll or edit, use TEdit.