Web Reference: In Angular, a binding creates a dynamic connection between a component's template and its data. This connection ensures that changes to the component's data automatically update the rendered template. What is a Template Reference Variable? Gives a local name (e.g., #box) to an element or directive instance. Lets you read values or call methods directly in the template. Scoped to the template where it is declared. When an is instantiated, multiple named values can be passed which can be bound to different template input variables. The right-hand side of the let- declaration of an input variable can specify which value should be used for that variable.
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