'U'The symbol denotes itself. The prefix Nmakes it a single-character UNICODE string. The OBJECT_ID procedure expects you to pass one of the predefined single-character values for the second parameter, which should be a UNICODE string.
This syntax is used to create literals with characters in other encodings, for example
CREATE TABLE hello_world (str NVARCHAR(20))
INSERT INTO hello_world (str) VALUES (N', !')
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