Earlier quoted context omitted.
Yeah, that’s why I added a qualifier. I can’t see that being much use outside of testing/debugging functions, since it would usually be simpler to just write that without the LAMBDA call.
They can also be referenced via the cells. You could argue that cells are themselves named, but those names are really indices into a 2D array, you can have relative references or do offset-based math if needed, and there's indirection (i.e. you can use an arbitrary value as an index to read/write another value). Given all this, an index of a cell containing a lambda is really a lot like a function reference, and can…
“If you create a LAMBDA function in a cell without also calling it from within the cell, Excel returns a #CALC! error.”
https://support.microsoft.com/en-us/office/lambda-function-b...