Look at the specification, or better yet, a resource that slightly condenses the specification. (And, then spec, if that is not enough.)
title text Specifies extra information about an element
http://www.w3schools.com/tags/tag_a.asp
The name attribute indicates the name of the anchor.
The name attribute is used to create bookmarks within the document.
The href or name attribute must be present in the tag
http://www.w3schools.com/tags/att_a_name.asp
So, the binding name is used for links like exampledomain.com/index.php#some_section , which will cause the binding to focus on the page.
Many modern browsers will display the title attribute in a tooltip when they hang on the link. It is probably also useful for screen reading, etc.
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