Microsoft Works was a productivity software suite developed by Microsoft and sold from 1987 to 2009. Its core functionality included a word processor, a spreadsheet and a database management system. Later versions had a calendar application and a dictionary while older releases included a terminal emulator. Works was available as a standalone program, and as part of a namesake home productivity suite. Because of its low cost ($40 retail, or as low as $2 OEM), companies frequently pre-installed Works on their low-cost machines. Works was smaller, less expensive, and had fewer features than Microsoft Office and other major office suites available at the time.