Element: Label.

Icon: 

Text: A decorative label.

Description: A Label is a basic element used to display a text or an image (or both) with decorative or informative purposes. 

Table of properties

Name Description Values accepted
Main
Text The text displayed by the element. Any constant or variable of type String.
Image The image displayed by the element. Any constant or variable of type String, corresponding to a GIF or animated GIF image. The string indicates the path to the corresponding image file. The path can be relative to the working directory or an Internet URL.
Alignment How to align the text of the element. One of the constants: left, center or right

It can also be an integer variable (consult the Javadoc reference for the class javax.swing.JButton). 

Graphical Aspect
Size The size of the element. An Object variable of the class java.awt.Dimension or the integer values for the width and the height, respectively, separated by a comma.
Background The color used for the background of the element. An Object variable of the class java.awt.Color or one of the predefined colors: black, blue, cyan, darkGray, gray, green, lightGray, magenta, orange, pink, red, white, yellow.

A color can also be specified providing its integer RGB coordinates (between 0 and 255), plus an optional transparency coordinate.

The default value is decided by the system.

Foreground The color used for the text displayed by the element. See the values for the Background property.
Font The font used for the text displayed by the element. An Object variable of the class java.awt.Font or a set of family, style and size, separated by commas. The style must be one of  plain, bold, italic, bold | italic. Example: Monospaced,italic,18.

The default value is decided by the system.

Tooltip The text displayed when the cursor lingers on top of the element. Any constant or variable of type String.