Provides the password associated with the user name that you
    specify with the JOB card when you submit a batch job through a
    card reader. Although the PASSWORD card is required, the password
    on the card is optional if the account has a null password.

    The PASSWORD command is valid only in a batch job submitted
    through a card reader and requires that a dollar sign ($)
    precede the PASSWORD command on the card.

    Format

      PASSWORD  [password]

                                   NOTE

       To change your password, use the SET PASSWORD command. For
       help on SET PASSWORD, type HELP SET PASSWORD at DCL level.