What do the initials FROR stand for in Real Estate? Most likely First Right of Refusal, which pertains to a right given to a party to a real estate transaction that allows that party to buy or sell the property in question inâ¦ preference to a third party or the open market.
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ips-Computer Definition. (1) See indoor positioning system. (2) (I nches P er S econd) The measurement of the speed of tape passing by a read/write head or paper passing through a pen plotter. (3) (I ntrusion P revention S ystem) Software that prevents an attack on a network or computer system.It is a significant step beyond an intrusion detection system (IDS).2) (I nches P er S econd) The measurement of the speed of tape passing by a read/write head or paper passing through a pen plotter. (3) (I ntrusion P revention S ystem) Software that prevents an attack on a network or computer system.