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Description:

An open-source software (OSS) is one that is made available to the public. 
It is usually released under specific license which states the permissions granted by the creator.   
Just for information, there's the notion that they are more secure since they mostly have a large community of people working to improve it. 

Live Example: The Python programming language is open-source.
Parts Of Speech: Noun.
Contributor: Twitter : @trevenue44. Github: @trevenue44