I see all sorts of questions about the existential operator on SO, but none of them ask the fundamental question of "what is it for" and "how do you use it?" so I thought I'd ask this here.
The answer here would probably suffice as an answer to this question, but the problem is the question title doesn't suggest that. As a result, it's very hard to find this question by a google search. So, my intention here is to make it easier to learn what this operator does from a google search.
BTW, I am aware of the section in the The Little Book on CoffeeScript titled "Aliases & the Existential Operator", but for some reason I don't like its explanation. It doesn't make me feel like "I get it".