It is the amount of the number - ignoring the minus sign. It is a measure of how far the number would be from 0 on the number line, ignoring which direction you went in.
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No. Absolute value applies to the set of real numbers.
No, positive numbers do not always have a higher absolute value than negative numbers. The absolute value of a negative number is equal to its positive equivalent. For example, the absolute value of -3 and 3 is both 3.
Negative numbers are always less than their absolute value.
The two numbers with an absolute value of 12 are -12 and 12.
300. Numbers only change when put in absolute value if they are negative. The absolute value just takes the positive number of all positive and negative numbers.