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There is one thing that will give you a better answer than anything else
Do a search for it
[searchengineworld.com...]
(the same as "Site search")
The short version: Page Rank is the foundation of Google's scoring algorithm. Simply put, it's a numerical value given to a particular web page (not site - page) that's based on the sum total of the "votes" it's given. The total of individual numerical values passed on to the page by the sites linking to it determines the Page Rank of that page.
Since Page Rank is the foundation, when some sites commit errors of either over-optimizing and/or excessive cross-linking, Google penalizes them by devaluing the links and discounting all the Page Rank from the page - which then becomes zero in value, or PR0. The site is still in the index, but can't rank for any search terms without having any Page Rank.