* An application service provider is a company that delivers software applications to multiple users over the Internet or other network. Instead of purchasing software licenses directly from vendors or re-sellers, companies rent the software from an ASP, which hosts, maintains and upgrades software applications and computer hardware. [1]
* Providing a computer program or application across a broadband connection as a third-party provider. Allows users to lower the cost of deploying an application. [2]

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[1] Vinson & Elkins LLP Practice Support, EDD Glossary.
[2] American Document Management, Glossary of Terms, http://www.amdoc.com/glossary.shtml

Attributions
- EDRM (http://edrm.net)