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IP Address: n. "eye-pee": The identifying address of a computer or device attached to a TCP/IP network. TCP/IP networks use IP addresses to route messages to their proper destinations. The IP address is written as four sets of numbers separated by periods. For an isolated network, IP addresses may be assigned at random provided each one is unique. However, if the private network is to be connected to the Internet, registered IP addresses (called Internet addresses) must be used, in order to avoid duplicates.
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