Replacement Variable Manager 
Replacement variables are useful in representing commonly used values in styles and user content. They allow you to easily replace content items from users and in page text in a finished page output. Use the Styles & Templates > Replacement Variable Manager group to add / modify / delete replacement variables.
Note:
To learn more about Replacement Variables, please read the Replacement Variables Introduction
The Replacement Variable Manager lists all of your styles, together with any replacement variables defined within them. This allows you to see at a glance the way in which any replacement variables you have defined are being inherited by child styles.

<<<screenshot of Replacement Variable Manager>>>

Refer to the Color Key at the top of the Replacement Variable Manager page to see how colors are used to indicate whether a replacement variable is customized in a particular style, or inherited from a parent style.
User Contributed Notes: Replacement Variable Manager