PageRank is a scale in which Google measures the quality and quantity of incoming links pointing to your domain. It is an important factor in how you rank in the search results. Other factors affecting your ranking are the age of the domain, keyword density, etc.
cscgal
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PageRank is a link analysis algorithm, named after Larry Page, used by the Google Internet search engine that assigns a numerical weighting to each element of a hyperlinked set of documents, such as the World Wide Web, with the purpose of "measuring" its relative importance within the set. ...
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