Investor Glossary-killer applicationInvestor Glossary-killer applicationInvestor Glossary-killer applicationInvestor Glossary-killer applicationInsightful stock market charts - Click here
investor
  Categories      # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z     
Term of the Day Email this Definition Link to this Definition

Killer Application

FYI - For 2011, Dow up, Dogs of the Dow up more (double digits)
 

The classic example of a killer application is VisiCalc, a spreadsheet program that became very popular among financial analysts in the early 1980s, thus creating an enormous demand for the Apple II computer on which it ran. In this traditional sense, a killer application is a computer program that is so useful and compelling that it causes a tremendous rush to buy the underutilized technology (ie, the Apple II) necessary to run it. Killer application is now more broadly employed, so that search (i.e. Google) is now known as the killer application that makes the Internet accessible, or a certain video game becomes the killer application that makes the purchase of a new video console mandatory. Unfortunately, the meaning of killer application has become diluted, so that killer application now sometimes means any product in the technology field that is extraordinarily successful or that steals a march on its competitors. Note that killer application is often shortened to killer app.



Rate this Killer Application definition...



Where is the market headed? The answer may surprise you. Find out
right now with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: inflation, FICO score, EBITDA, labor relations, option premium, 1035 exchange, 144a, deferred revenue, limit order, balance sheet, ex-dividend date, dividends payable, command economy, current ratio, phantom income, required rate of return, average price per share, real GDP, FTSE, stock split, deferred tax, diluted share, margin rate, class C shares, debt service coverage, minority interest, open position, annual return, ex-dividend, 401a, risk management, reverse mortgage, covered put, in escrow, LIBOR, implied volatility, wholly-owned subsidiary, irrevocable trust, quality assurance, stock market close, liquidity ratio, cancelled check, 1031 exchange, APR, Key Rate Duration, Zero Cost Collar, per diem, retained earnings, VIX


Home | Term of the Day | Suggest a Term
Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Chart of the Day | Dogs of the Dow | Art of the Home
©2004-2012 Investor Glossary - All rights reserved - Terms of Use