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What does this line of code in formula field means: Can any one breakdown and explain?

Account.Name & ": " & Name
NagendraNagendra (Salesforce Developers) 
Hi Sahiti,

Could you please confirm if it is Account.Name & ": " & Name or Account.Name & ": " & FirstName.

If it is Account.Name & ": " & FirstName then it will refer to the name of the account and its first name.

Please let us know if you have any further queries.

Hope this helps.

Kindly mark this as solved if the reply was helpful.

Raj VakatiRaj Vakati
The Syntax it self is worng should be 
Account.Name  +'&:&'+  Name

Kamal ThakurKamal Thakur
@Raj The syntax is not wrong. You might want to check the concatenation in Salesforce Formula Fields.