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Microsoft Licensing Options
Microsoft licenses software three primary ways:

Full Packaged Product
Full Packaged Product (FPP) is boxed, shrink-wrapped software. Licenses for this type of software are acquired through retail outlets. 

Original Equipment Manufacturer
Original Equipment Manufacturer (OEM) and System Builder software licenses are acquired when you buy a computer with software legally preinstalled. Microsoft Office and Microsoft Windows® are examples of this type of software.

Volume Licensing
Microsoft Volume Licensing programs may be the right choice for your organization if you need multiple copies of Microsoft software. Volume licensing is a flexible and economical way to acquire from five to thousands of licenses for software.