EXPLANATION
MAK (Multiple Activation Key) allows you to use the same key on multiple installations of Windows at a time.
VLC (Video Lan Client) is a powerful media player.
ABS
(Antilock brake system or Absolute value, depending on which of the two
kinds of people you are) is just a throw away answer.
VLSC (Volume Licensing Center) is Microsoft's site that people use to manage and retrieve their licenses and Software.
SOURCE
https://technet.microsoft.com/en-us/library/ff793435.aspx