as a command substitution. This should be used only when a key
sequence has no corresponding command, for example when it is read
directly with @code{read-key-sequence}. It must be a valid key
-sequence according to @code{key-valid-p}.
+sequence according to @code{key-valid-p}. It can also be used with
+command names, like @samp{\`M-x foo'}, where you want this to be
+fontified like a keyboard sequence, but you want to inhibit
+translating it into a key sequence like @samp{\[foo]} does.
@item `
(grave accent) stands for a left quote.