What is the difference between "Unsubscribe Link" and "Unsubscribe Link (All Lists)"?

In this article, you will learn the difference between the "Unsubscribe Link" and the "Unsubscribe Link (All Lists)" personalization tags.

• "Unsubscribe Link" (%UNSUBSCRIBELINK%) will unsubscribe a contact from the lists the campaign was sent to.
• "Unsubscribe Link (All Lists)" (%UNSUBSCRIBELINK%&ALL) will unsubscribe contacts from all lists they are on.