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The managed metadata service application makes it possible to use managed metadata and share content types across site collections and web applications. A managed metadata service publishes a term store and, optionally, content types; a managed metadata connection consumes these.

The managed metadata service application makes it possible to use managed metadata and share content types across site collections and web applications. A managed metadata service publishes a term store and, optionally, content types; a managed metadata connection consumes these. (-Microsoft)

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