Run the code, take note of where the cube is, and then press the spacebar. The grid lines are 0.5 apart and we are moving the cube by 0.5 in the $\mathrm{x}$ direction. The cube will move 0.5 to the right.
What we have done here is taken the cube's position of $(0,0,-5)$ and added a vector of $(0.5,0,0)$ to it. This places the cube at a new position of $(0.5,0,-5)$. Each time you press the spacebar, the vector $(0.5,0,0)$ will be added to the cube's position, resulting in placing the cube at $(1,0,-5)$.
The position of the cube is a point, a location measured from the origin of the world. The movement instructions for the cube of $(0.5,0,0)$ is a vector. This same vector value is added to the position of the cube each time the spacebar is pressed. The vector is not a fixed location in space like the cube's positions. It merely provides instructions for how the cube should move in the $\mathrm{x}, \mathrm{y}$ and $\mathrm{z}$ directions.