It's a reserved word typically used with the do command to specify a scripting language.
do field 1 as "Javascript"
Used also with the export command to specify the file format to export to, used with the go command to specify the mode of a stack; used with the save command to specify the file name and location.
export image "image" to file myFile as PNG
go stack "Controls" as palette
save this stack as "../Backups/Current.rev"