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.

1  –  Parameter

 password

    Specifies the password associated with the user name specified
    with the JOB command. The password can be 1 to 31 characters
    long.

    If you are submitting the job from an account with a null
    password, omit the password specifier on the PASSWORD card.