Text Field is the most-used field of all due to its usefulness.
Custom Fields includes many variations of the Text Field which include an HTML editor, pre-formatted text as dropdowns and many more. See the related content links below for additional Text Field options.
This version of the Text Field allows single or multiple line content entry as it expands to fit the content.
Content Entry Form
Content Entry Settings
In addition to content entry settings shared by all field types, the Text Field includes the ability to limit the amount of text to ensure content meets any display requirements.