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VLOOKUP is a powerful function in Microsoft Excel that allows you to look up a value from another spreadsheet - or a smaller subtable (lookup table).Vlookup tutorial help and example - learn how to use it. Free Excel training videos of this formula for dummies. VLOOKUP stands for Vertical Lookup. Learning vlookup is very easy but let's first understand how VLOOKUP works? Even dummies can easily do VLOOKUP in Excel.