When you are using absolute position on an element, you can use top, right, bottom, and left CSS attributes to position it in relation to the nearest parent which has a defined position (e.g. relative).
translate, whether its translateX, translateY or just translate, moves your element from its calculated position in relations to itself. A good example for its usage would be if you wanted to center an absolute positioned element inside its parent.
Lets see an example:
#parent {
position: relative;
width: 200px;
height: 200px;
background: blue;
}
#parent #child {
position: absolute;
left: 50%;
top: 50%;
}
#parent2 {
position: relative;
width: 200px;
height: 200px;
background: green;
}
#parent2 #child2 {
position: absolute;
left: 50%;
top: 50%;
transform: translate(-50%, -50%);
}
<div id="parent">
<label id="child">LABEL</label>
</div>
<div id="parent2">
<label id="child2">LABEL2</label>
</div>
As you can see, on child2 I use translate in order to really center it, since top and left places its upper left corner on the center of parent. By using translate(-50%, -50%), I'm moving it half of its height up and left, in order to position it.