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This video tutorial discusses key terms and concepts in Software as a Service (SaaS) such as AR, MRR, LTV, CAC, gross vs net MR, and churn. The speaker shares that these terms can be confusing for new employees, so they created a comprehensive video to explain them. The video covers MRR, expansion, contraction, reactivation, churn rate, customer churn, revenue churn, net revenue churn, negative churn rate, lifetime value, cost of acquisition, and more. The goal is to help viewers understand the language of SaaS.