Labels are titles of X axis (the axis of the arguments) and Y (the axis values). Labels can take any string value. Any string value is transformed according to the selected format. If the report generator failed to convert a value to the selected format, then a direct string value is output. The picture below shows an example of a chart with arguments of Labels. The Format property is set to N:
Also, Labels have a number of properties such as:
Angle - sets an angle of inclination of labels;
Antialiasing - sets smooth-edged type of labels;
Color - sets the labels color;
Font - sets the font type of labels;
Format - changes the label format (numeric, percentage etc);
Placement - changes the position of showing Labels;
Text before/Text after - shows a text before/after Labels;
Text Alignment - used for Y axis, aligns Labels;
Width - changes the width of Label.