Definition of "peer-to-peer" [peer-to-peer]

• Of a social network of equal partners able to conduct business without using a middle man (adjective)
• Of a network of two or more computers connected as equal partners and able to share processing, control and access to data and peripherals (adjective)

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• "The technology which underlies many of his companies is known as "peer-to-peer.""
• "Facebook's video chat feature taps into Skype's communications network, which uses what the industry calls peer-to-peer technology to exchange data over the Internet between computers and mobile devices."
• "Meanwhile, so-called peer-to-peer lending sites Prosper and Lending Club say demand for home-related financing is on the rise."