The former includes Excel, OneNote, PowerPoint, Teams and Word the latter adds Outlook to the mix. The new Office comes in two SKUs: Office Home and Student 2021 and Office Home and Business 2021. Unlike Office 2021, Office LTSC 2021 is not sold retail but is available only through volume licensing. Last month, Microsoft debuted Office LTSC 2021, the acronym standing for "Long-Term Support Channel," as the perpetual-license Office for commercial and government customers. Office 2021, which Microsoft will aim at consumers and very small businesses, is slated to launch Tuesday, Oct. Microsoft has revealed the pricing of its perpetual-license versions of Office 2021 and listed the features and functionalities it lifted from Office 365 and dropped into the new pay-for-once suite.
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