A Microsoft Office retail license lets you install the software on one computer. A volume license lets you install it on as many as you want to pay for with one product key.
What is office volume license?
In software licensing, a volume licensing is the practice of selling a license authorizing one computer program to be used on a large number of computers or by a large number of users.
What is a Microsoft retail license?
A Retail license refers to the license that you acquire when purchasing a copy of Windows 10 from your local store or an online retailer (such as from Microsoft (opens in new tab) or Amazon (opens in new tab)).
What is volume retail?
The volume of sales index, more commonly called the index of the volume of (retail) sales, is the value of retail sales in terms of its volume. The volume of sales index is a volume measure of the retail trade turnover index.