License		Extending the term of a contract, maintenance term or subscription
Perpetual		Packaged product wrapped in plastic typically bought in retail stores
Subscription		Grants the legal right to run a software program
Transactional		Full Package Product
Shrink-wrap		How software technology is delivered: CD, DVD, or ESD
FPP		Alignment of software use and installation to the product-use rights defined in the terms and conditions
Version		Requires a signature, is a binding agreement and utilizes larger discounts
Edition		An associated entity that owns and controls or is owned and controlled by another entity
Upgrade		Gives the right to the newest version for the duration the license is “covered”
Step-Up		Method by which software technology is received via a download
Maintenance		Predefined checkpoints
Renewal		Largest form of commitment for a software contract and best way to distinguish
Affiliate		Moving from one version to another
OEM		Moving from one edition to another
Compliant		Grouping together similar products or skus
Evergreen		Ending at the same time
Co-term		One time purchase, discounts based on individual order
Sync-up		Bringing into alignment for co-termination
ESD		Distinguishes products with additional technologies and capabilities
Pool		The right to use the current version of the software for a limited term
Milestone		Leveraging third-party computing resources, such as network grids and server farms to extend IT capabilities
Cloud Computing		The release sequence of a software product
Media		Automatically renews, never ends
Contractual		Static, remains the same, useable forever
Enterprise Agreement		Original to the equipment purchased