The caret is also found on some typewriters, where it is used to denote a circumflex accent in languages which require it, such as French.
In statistics, the caret is used to denote an estimator or an estimated value, as opposed to its theoretical counterpart.
In mathematics and physics, a caret appearing above a letter indicates a unit vector (a dimensionless vector with a magnitude of 1), or an operator.
In mathematics, a caret can signify an exponent (3^5 for ) where superscript is difficult or impossible (such as on some graphing calculators).
In mathematics, a caret placed above an element of a set can signify that that element has been removed from the set.
In programming languages the caret is used either to signify exponent, or to represent a bitwise XOR operator. The use of as exponent can be traced back to ALGOL 60, which expressed the exponentiation operator as an upward-pointing arrow, intended to evoke the superscript notation common in mathematics. The up-arrow character was codified as character 5E in the original 1963 version of the ASCII standard; however, this was a short-lived placement. The 1965 ECMA-6 standard replaced the up-arrow with the currently-used caret (and the left-arrow with the underscore); two years later, the second revision of ASCII followed suit, due to pressure from international standards committees requiring the character's presence as a diacritical mark (the circumflex). The caret is commonly used to signify control characters via caret notation.
In regular expressions the caret is used to mark the beginning of a string, or the beginning of a line within that string; if it begins a character class, it indicates that the inverse of the class is to be matched.
In logic the caret is used as a propositional operator to symbolize logical conjunction otherwise known as an "and" statement. e.g. pq. Ideally, this wedge symbol is different from the caret, see ∧.