Anatomy of Word: Using Excel information in Word documents
When you open up a Word document into which you've pasted links to Excel workbooks, you're asked if you want to automatically update the information in the Word document
The Paste Link option is very similar to the Paste option except that the information you place into your Word document maintains a relationship to the original Excel worksheet. That is, in a day, a week, a month, etc, if you make changes to the source Excel worksheet, the next time you open the Word document into which you pasted a link to that Excel workbook, you will be asked if you'd like to update the linked information in your Word document from original Excel files.
