Label

Label and Frame controls have a few features in common, so it makes sense to explain them together. First they're mostly "decorative" controls that contribute to the user interface but are seldom used as programmable objects. In other words, you often place them on the form and arrange their properties as your user interface needs dictate, but you rarely write code to serve their events, generally, or manipulate their properties at run time.

Label Controls
Most people use Label controls to provide a descriptive caption and possibly an associated hot key for other controls, such as TextBox, ListBox, and ComboBox, that don't expose the Caption property. In most cases, you just place a Label control where you need it, set its Caption property to a suitable string (embedding an ampersand character in front of the hot key you want to assign), and you're done. Caption is the default property for Label controls. Be careful to set the Label's TabIndex property so that it's 1 minus the TabIndex property of the companion control.

Other useful properties are BorderStyle(if you want the Label control to appear inside a 3D border) and Alignment (if you want to align the caption to the right or center it on the control). In most cases, the alignment depends on how the Label control relates to its companion control: for example, if the Label control is placed to the left of its companion field, you might want to set its Alignment property to 1-Right Justify. The value 2-Center is especially useful for stand-alone Label controls.