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Software

To install software or data means to load the files containing the software or data onto the target computer.'

System

installation is

[t]he phase in the system life cycle that includes assembly and testing of the hardware and software of a computerized system. Installation includes installing a new computer system, new software or hardware, or otherwise modifying the current system.[1]
  1. U.S. Food and Drug Administration, Glossary of Computerized System and Software Development Technology 16 (Aug. 1995) (full-text).
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