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buying new windows

The main difference is that OEM Windows is legally locked to the OEM host. Retail version can be transferred to a new or different system.
 
When you buy an OEM copy you’re in essence taking on the role of the manufacturer of your device. This means that if you run into problems with hardware compatibility or encounter activation issues, calling Microsoft for help will probably end up with you being told to contact the manufacturer of your device. Which, of course, in this case is you!

The second major difference is that whereas when you buy a retail copy of Windows you can use it on more than one machine, although not at the same time, an OEM version is locked to the hardware on which it was first activated.
 
When you buy an OEM copy you’re in essence taking on the role of the manufacturer of your device. This means that if you run into problems with hardware compatibility or encounter activation issues, calling Microsoft for help will probably end up with you being told to contact the manufacturer of your device. Which, of course, in this case is you!

The second major difference is that whereas when you buy a retail copy of Windows you can use it on more than one machine, although not at the same time, an OEM version is locked to the hardware on which it was first activated.
if i reinstall windows in the same machine will the same key work?
 
You can choose accordingly. As discussed above by many people, i would also tell the same thing about OEM and retail version that OEM is user locked while retail can be migrated.
 
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