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vendorware

(1) (VendorWare) The publisher of SmartVendor point-of-sale (POS) software. Located in Markham, Ontario and founded in 1981, VendorWare offers a complete solution for single or multi-store retail establishments, including cash register, inventory management, gift and bridal registry services, loyalty card processing and integration with the back office and e-commerce website.

(2) Packaged software developed for sale to the general public. Contrast with custom software. See COTS.



COTS

(Commercial Off-The-Shelf) Ready-made merchandise that is available for sale. The term may be applied to any hardware or packaged software that is readily available to the general public. See MOTS, NOTS and commodity product.



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