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Office 365 Subscription

Annual licenses (subscriptions)
9F4-00003 Microsoft Office 365 Business Premium - Subscription license (1 year) - 1 user - hosted - Microsoft Qualified - Open License - Open, 300 users maximum - Single Language $149.65
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9F5-00003 Microsoft Office 365 Business Essentials - Subscription license (1 year) - 1 user - hosted - Microsoft Qualified - Open License - Open - Single Language $59.85
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J29-00003 Microsoft Office 365 Business - Subscription license (1 year) - 1 user - hosted - Microsoft Qualified - Open License - Open, 300 users maximum - Single Language $98.93
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Q4Y-00003 Microsoft Office 365 (Plan E1) - Subscription license (1 year) - 1 user - hosted - Microsoft Qualified - Open License - Single Language $95.79
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Q5Y-00003 Microsoft Office 365 (Plan E3) - Subscription license (1 year) - 1 user - hosted - Microsoft Qualified - Open License - Open - Single Language $238.60
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Q7Y-00003 Microsoft Office 365 ProPlus - Subscription license (1 year) - 1 user - Microsoft Qualified - Open License - Open - Win, Mac - Single Language $143.95
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Office 365
Office 365 is the name of a special subscription service that allows the use of familiar server and desktop products from Microsoft. The word "Office" refers to the functionality of the products. The figure "365" means that products are available 24/7.

Server products are hosted on servers in Microsoft. Desktop applications (if included in plan) are placed on users' devices. Setting up and using server products is done via the Internet. Distributions of desktop applications are downloaded from the Microsoft website.

There are several sets of server and desktop applications called "plans" (Office 365 Plans comparison). Annually purchased licenses provide the right to use the products included in the "plans". More information about licensing of cloud products is available on the Microsoft website.
 
Microsoft Office
The Microsoft Office Suite 2016 provides a wide range of new applications and services that help you achieve better results. Depending on the edition, Office may include the following applications: Word, Excel, Outlook, PowerPoint, Access, Publisher, OneNote, and Skype for Business Client. Before purchasing licenses, read the Microsoft Office licensing rules.