Forum usage: Meaning of "Remove Your Thanks"

If I click the thumbs up icon to add a thank you, then clear the thank from the thread(Remove your Thanks link), does that take back the thank you from the other person or just clear it from my local display of the thread?

Just removes your thanks from that post..

say you clicked thanks on the wrong post in a thread.. you could clear it and then thank the right person that provided the helpful response..

Or maybe you thanked them too early and the info turned out to not solve your issue..

Moved: This thread is more suitable in LQ suggestions and feedback and has been moved accordingly to help your thread/question get the exposure it deserves.