Adobe Photoshop CC 2014 v.14.xx - Manual (Page 685)

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Shift the baseline
Use Baseline Shift to move selected characters up or down relative to the baseline of the surrounding text. Shifting the baseline is especially
useful when you’re hand-setting fractions or adjusting the position of a picture font.
1. Select the characters or type objects you want to change. If you don’t select any text, the shift applies to new text you create.
2. In the Character panel, set the Baseline Shift option. Positive values move the character’s baseline above the baseline of the rest of the line;
negative values move it below the baseline.
Type with different Baseline Shift values
Turn fractional character widths off or on
By default, the software uses fractional character widths between characters. This means that the spacing between characters varies, and will
sometimes use only fractions of whole pixels.
In most situations, fractional character widths provide the best spacing for type appearance and readability. However, for type in small sizes (less
than 20 points) displayed online, fractional character widths could cause type to run together or have too much extra space, making it difficult to
read.
Turn off fractional widths when you want to fix type spacing in whole-pixel increments and prevent small type from running together. The fractional
character width setting applies to all characters on a type layer—you cannot set the option for selected characters.
Do any of the following:
To set type spacing for the entire document in whole-pixel increments, choose System Layout from the Character panel menu.
To re-enable fractional character widths, choose Fractional Widths from the Character panel menu.
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