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What to put for the API name when creating a custom field?

Question asked by 3642 on Jul 2, 2013
Latest reply on Jul 2, 2013 by 7595
I need to create a new field, but in order to do so I'm required to enter the type, name, and the API Name. I'm not sure what to put for the API name or exactly what an API name is and I can't find any help articles to help explain. Can someone please explain or point me in the right direction?

Thanks a lot,