After Robyn couldn't find this information for a new skin she was working on, I thought I'd post a bit over here.
Absolute positioning in css is a way to say exactly where you want something to be on the page. I'm gonna show you how to define it based on where the object will be relation to the top lefthand corner of the browser window. (note, this is not fully supported by some of the older browsers!)
Here's an example of a golden text box that is 100 pixels from the top of the browser window, and 50 pixels from the left. Absolute positioning usually requires you to tell it at least how far from two sides of the window (top, bottom, right, or left) and it really likes it when you tell it dimensions like the width and height.
.textbox {position:absolute; top: 100px; left: 50px; width: 150px; height: 250px; background-color:#996633; border: solid 1px black;}
Wanna see what this looks like? Golden Textbox
By telling an box of text or a picture where you want it to sit, you can have control over things without using a bunch of nested tables that are not only slow to load, but a pain to deal with. You also can do some overlapping.
There are other elements to this, like visiblity and relative positioning, and z-indexes, and more; so I might add more about these things in the future here