Definition

Excel

This definition is part of our Essential Guide: A guide to using Excel as financial accounting software

Excel is a spreadsheet program from Microsoft, a component of its Office product group for business applications. In common with similar products, such as Lotus 1-2-3 and Corel's QuattroPro, Excel is an automated version of the paper-based spreadsheet that makes it easier to manipulate, process, and view the data. Although Lotus 1-2-3 was reportedly the first spreadsheet to introduce cell names and macros, Excel implemented a graphical user interface and the ability to point and click using a mouse.

This was last updated in June 2007

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