... constant^12.2

So yes, in fact that means that COMPENSATE is not really a constant but a variable.

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.

... 0^13.1

Actually, some string variables, such as names of open files, carry the value of their file pointer. But this doesn't count since you can't access it in a macro.

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.