Question about software, OEM & Retail

Central, KY(Zone 6b)

I'm wanting to buy Microsoft Office XP Professional and I'm looking on ebay.

Can anyone tell me the difference between a "Full OEM Version" and a "Full Retail Version"? This question is for any software, not just MS Office. I just don't understand the diff between OEM and Retail other than OEM is software that usually comes already loaded when you buy a computer??? Is one a lesser "full" version than the other?

Thanks for helping!

Vicki

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