In the past, business consumers of Microsoft's products and
services have needed to reference at least two documents –
the Product List and the Product Use Rights – to help
determine the purchasing requirements and licensing rules
applicable to those products and services. Both documents were
incorporated by reference into Microsoft's volume licensing
agreements and were updated periodically by Microsoft on its
website.
While that basic incorporation-by-reference model remains in
place, beginning in July 2015 Microsoft combined the Product List
and the Product Use Rights into a unified document – the Product Terms. Users of Microsoft's
subscription-based Online Services like Office 365 still will need
to reference the Online Services Terms, which define
service-specific use rights, but the Product Terms document now
contains all of the information previously included in the two
predecessor documents regarding product and service availability
and software usage
