Highlighted here on the HTML page are the two lines that define the password element of the form.
The label is important since it is made clickable to check the associated box. This connection is made by matching the 'label for' to the id set below in line 5.
Name can be thought of as identifier or perhaps column name for our input. What would this column or group be named for all the inputted values? pword
Value will be the initial value of the input, in this case blank text boxes since value is blank, but it will also be what is dynamically sent to wherever we need to send the data to upon eventually Submitting.