Many computer software companies use the term Volume License Key (VLK) to denote the product key used when installing software licensed under volume licensing (licensing in bulk), which allows a single product key to be used for multiple installations.
This form of licensing typically applies for business, government and educational institutions, with prices for volume licensing varying depending on the type, quantity and applicable subscription-term. For example, Microsoft software available through volume-licensing programs includes Windows Vista, Windows 7 Enterprise, Windows Server 2008, Microsoft Office 2007 and many others.
Read more about Volume License Key: Use of Volume License Keys, Volume Activation 2.0, Unauthorized Use
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—Ralph Waldo Emerson (1803–1882)