What's the main difference between "Excluded Term (-)" and "NOT (!)" when doing Advanced Search?

Nil Ister

I understand that NOT is equivalent to a difference using sets and it excludes documents that contain the term after NOT. I also know that NOT cannot be used with just one term, however, I'm not quite sure what would be the best use case for NOT and "Excluded Term (-)" when conducting Advanced Search. What are different use/search examples for NOT and "Excluded Term" since they both exclude the term after the keyword.

Matt Doar_tzgiej

Excluded term runs a text search that excludes the given string. Text fields

Not refers to fields' values, finding a field with a value that is not that string, number, option. That is, text fields and other field types