A nofollow link is a perfectly normal, clickable link—but is it really? In fact, it has a technical attribute that’s directed at search engines and says: This link should not be interpreted as a recommendation and, in principle, does not pass any ranking power.
A normal link can represent a kind of recommendation to search engines that boosts the linked page’s ranking. The rel="nofollow" attribute limits this effect. For visitors, the link works perfectly fine, but the search engine should not treat it as a regular trust signal.
Google treats this specification more as a suggestion than as a strict instruction. The search engine decides for itself how to handle it.