& and + (Concatenate)

Connects two or more strings.

Use

string1&string2 and replace each string with merge fields, expressions, or other values.

Trip Expense Example
Trip Expense Example

"Expense-" & Trip_Name__c & "-" & ExpenseNum__c

This formula displays the text Expense- followed by trip name and the expense number. This is a text formula field that uses an expense number custom field.