Absolute location
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Absolute location is the exact spot on the planet where something resides. A good example would be the longitude and latitude of a place. For instance, Lake Maracaibo of Venezuela is at 10°36' N latitude and 71°33' W longitude, which can be expressed as a decimal fraction: 10.6°N, 71.55°W (e.g. for input into Google earth, note though that 71.55°W = -71.55°). Also, Owensboro, Kentucky, is at about 87 degrees west and 37.5 degrees north.
Absolute location can also be the exact spot where something is within a city, such as saying that the city hall is at Fifth and D street.
According to Barron's How to Prepare for the AP Human Geography Exam, absolute location is the exact position of an object or place, measured within the spatial coordinates of a grid system.
Absolute location is the polar opposite of relative location, which is where something is in relation to something else. (Example: By the ice cream shop, By the Lions club)