Difference among approximatelyEqual and essentiallyEqual in The art of computer programming

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I get this code snippet from some where else. According to the webmaster, the code is picked from The art of computer programming by Knuth

Since I do not have a copy of that book, may I know what is the difference among the two functions?

bool approximatelyEqual(float a, float b, float epsilon)
{
    return fabs(a - b) <= ( (fabs(a) < fabs(b) ? fabs(b) : fabs(a)) * epsilon);
}

bool essentiallyEqual(float a, float b, float epsilon)
{
    return fabs(a - b) <= ( (fabs(a) > fabs(b) ? fabs(b) : fabs(a)) * epsilon);
}
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