Words that start with $ are user defined variables.

code:
$test = "this is a test"

The variable $test is now equal to the text this is a test

As for words that start and end with a %, those are system variables. to see a list of available system variables go to a DOS prompt and type SET. To use a system variable in kix you would do something like this.

code:
? "the system variable %%os%% is equal to %os%" 

Bryce