TStaticText is a windowed control that displays text on a form.
Unit
StdCtrls
Description
The TStaticText component functions like TLabel, except that it descends from TWinControl and therefore has a window handle. Use TStaticText instead of TLabel when the components accelerator key must belong to a windowed controls----for example, on an ActiveX property page.
Use this component: When you want users to do this: TLabel Display text on a nonwindowed control. TStaticText Display text on a windowed control.
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 (widget-based control in CLX applications), so it cannot receive focus; when you need a label with a window handle, use TStaticText instead.