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Software as a Service (SaaS) Is a Web-Based Model of Software

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Software as a Service (SaaS) is a Web-based model of software distribution where multiple users may simultaneously use the software.


Definitions:

Discount

A reduction in the price of goods or services, typically offered to prompt sales or recognized in the context of financial instruments.

Credit Analysis

The process by which a lender evaluates the creditworthiness of a potential borrower, assessing the ability to repay a loan.

Likelihood

The probability or chance of an event occurring or a hypothesis being correct.

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