Hello Ali,
You have posted this in the physics, not maths sections so I will try to give you a physics answer.
Before we can have any vectors we must have a coordinate system and an origin.
You have probably been told that vectors are 'something with magnitude and direction'.
This is true of all types of vectors, but some types require further information.
Vectors that are not localised in space are called free vectors. This type only requires a magnitude and direction to fully specify them. Velocity is a good example of a free vector. A translation is another. A mechanical couple is a third.
Some vector types are localised in space. These are called localised or bound vectors. These vectors start or finish at a particular point in our coordinate system. To fully specify a bound vector we need to specify this point as well as a magnitude and direction. (We only need specify one point the other is given by the magnitude and direction.) Good examples of bound vectors are the displacement vector, the position vector and the moment of a force.
My three examples for free and bound vectors roughly correspond.
Notice I have not mentioned the Force vector. This is because it can take on either guise depending upon the application - you have to recognise which is involved.
As regards to calculations, you can freely mix n match localised and non localised vectors, adding, subtracting, forming dot and cross products. This is because the free vector will always include the point of application of the bound vector in its domain.
To illustrate consider the ship in the sketches.
Fig 1
Shows a ship drifting freely in the tide. It picks up the velocity of the tide, whcih is a free vector.
Fig2
The ship is now under power and has a heading velocity. This is also a free vector, as is the resultant velocity shown by the vector triangle.
Fig3
Shows what happens as the ship drops anchor at A. It no longer possesses any velocity, but it is subject to a force from the tide. This force has a moment about the anchor point and cause the ship to swing round to Fig 4.
Fig4
The ship is now at equilibrium in between the bound force of the tension in the anchor chain and the tidal force as before.
and yes, Wiki is correct.