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Merge pull request #12049 from MicrosoftDocs/main
Publish main to live, 07/31, 3:30 PM IST
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exchange/exchange-ps/exchange/Set-Label.md

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The DynamicWatermarkDisplay parameter specifies the watermark text to display for a given label. This parameter supports text and the following special tokens:
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- `${Consumer.PrincipalName}`: Required. The value is the user principal name (UPN) of the user.
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- **"\`${Consumer.PrincipalName}**": Required. The value is the user principal name (UPN) of the user.
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**Tip** The back quotation mark character ( \` ) is required as an escape character for the dollar sign character ( $ ) in PowerShell. For more information, see [Escape characters in Exchange PowerShell](https://learn.microsoft.com/powershell/exchange/exchange-cmdlet-syntax#escape-characters-in-exchange-powershell).
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This parameter is meaningful only when the ApplyDynamicWatermarkingEnabled parameter value is $true.
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