Ontology is a formal naming and definition of the types, properties, and interrelationships|relationship] of the entities that really or fundamentally exist for a particular context.

Ontology is thus a practical application of philosophical ontology, with a taxonomy.

Ontology compartmentalizes the variables needed for some set of computations and establishes the relationships between them. Common Components amongst many Ontologys are:

Ontology Ldapwiki refers you to Wikipedia: Ontology (information_science)

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