The for...in loop represents each property in an object because it is just like a for loop. You defined propt in the for...in loop by doing:
for(var propt in obj){
alert(propt + ': ' + obj[propt]);
}
A for...in loop iterates through the enumerable properties of an object. Whichever variable you define, or put in the for...in loop, changes each time it goes to the next property it iterates. The variable in the for...in loop iterates through the keys, but the value of it is the key's value. For example:
for(var propt in obj) {
console.log(propt);//logs name
console.log(obj[propt]);//logs "Simon"
}
You can see how the variable differs from the variable's value. In contrast, a for...of loop does the opposite.
I hope this helps.