IP definition by Webster's New World
IP definition by American Heritage Dictionary
ip - Computer Definition
In the advanced intelligent network (AIN) architecture, a separate computing device that enhances the delivery of certain services by offloading processing demands from a service control point (SCP) and providing a basic set of services to the SCP. The role of the IP typically includes collection of digits, collection and playing of voice prompts, collection of voice responses and their conversion to digits, menu services, and database lookups. As examples, voice processing and voice recognition can be implemented on an IP in support of the processing of collect calls. Because the abbreviation IP is used so extensively to identify the Internet Protocol, the term special resource function (SRF) often is used to describe these peripherals and the functions they perform. See also AIN and SCP.
In the context of the OSI Reference Model, a Network Layer (Layer 3) connectionless protocol for the routing of datagrams through gateways connecting networks and subnetworks, IPv4, the first version to be deployed, is defined in IETF RFC 791 and is the basic block of the Internet. IP can be characterized as datagram-oriented because each IP packet works its way through the network independently, with no thought of an individual packet belonging to a larger stream of packets. IP also can be characterized as a best effort protocol, as it offers no guarantees of delivery, no sequencing, and no error detection and correction mechanism. IP provides for packet segmentation and reassembly and provides specific addressing conventions in the form of dotted decimal notation. IP supports routing control, as well as status translation and communications.Although IP has no concept of the specific content of the packet or of its service requirements, it supports multiple service types, including low-delay, high-bandwidth, and high-reliability paths. Dial-up IP access protocols include Ethernet over Point-to-Point Protocol (Enet over PPP) Serial Line Internet Protocol (SLIP), and Point-to-Point Protocol (PPP).There are two versions of IP. The legacy version is IPv4, which is widely deployed. The most current version is IPv6, which is deployed sparingly, largely due to the fact that it is not compatible with older routers. Although IP can be used on a standalone basis, it more typically is used in conjunction with higher layer protocols in the TCP/IP protocol suite. See also bandwidth, best effort, connectionless, datagram, dial-up access, dotted decimal notation, IETF, IPv4, IPv6, gateway, Internet, network, Network Layer, OSI Reference Model, packet, PPP, protocol, router, segmentation, SLIP, and TCP/IP protocol suite.
(1) (Internet Protocol) Refers to a network that uses the TCP/IP communications protocol, which may be a wide area network (WAN) such as the public Internet, or a private, local network (LAN). The phrase "it runs over IP" means "data are transmitted across a TCP/IP network." "IP network" and "TCP/IP network" are synonymous terms; however, "TCP" and "IP" are different layers that are referenced independently when discussing protocol details (see Internet Protocol). IP may also refer to just the numeric addresses assigned to every client, server and router in an IP network. For example, the phrase "what's the IP?" means "what is the numeric IP address currently assigned to the device?" See IP address.
(2) (Intellectual Property) A broad category of materials that are legally recognized as proprietary assets of an organization. In the computer field, hardware circuits, software and text are copyrightable. Depending on the situation, the algorithms used within hardware circuits and software may also be patentable, and brand names can be trademarked as long as they are not generic descriptions of the products. However, IP covers more than just copyrights, patents and trademarks; for example, customer databases, mailing lists, trade secrets and other business information are also included.
ip - Investment & Finance Definition
See Internet Protocol.Webster's New World Finance and Investment Dictionary Copyright © 2010 by Wiley Publishing, Inc., Indianapolis, Indiana. Used by arrangement with John Wiley & Sons, Inc.
ip - Science Definition
Variant of ip