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Zip
A popular data compression format. Files that have been compressed with the Zip format are called Zip files and usually end with a ".zip" extension.

Zip File
A file that has been reduced in size to allow faster transferring between computers, or to save storage space. Originated with PKWARE, the technique is widely used and the term is used frequently to describe any compressed file. Some compressed files have the .EXE extension, indicating the file is self-extracting.

 
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