Which term is used to describe an organization's presence or account on Office 365

Which term is used to describe an organization's presence or account on Office 365

• License
• Account
• Subscription
• Tenant

EXPLANATION

Our tenant inside of Office 365 is going to represent, well, sort of like our subscription or our account for our entire company that we're going to manage our entire organization through. The reason we don't call it a subscription or an account is because those phrases have very particular meanings inside of Office 365.
So they had to come up with a better name for it
 tenant makes quite a bit of sense if you think about it. Setting up a tendency as sort of like moving into an apartment complex, the Office 365 data center apartment complex. Yeah, you're going to be there with all of your stuff, all of your data, but you're only going to have access to management over your little apartment, your one little piece of that apartment complex.
Everyone else who's also using Office 365 is going to be there as well, with control over their little piece of it, and you're all going to share the baseline infrastructure that's underneath. So you are like a tenant in the Office 365 data center. Setting it up is really easy to do.
copied from
Microsoft-Office-365-identities-and-requirements-70-346

SOURCE

https://www.microsoftpressstore.com/articles/article.aspx?p=2419713