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parm: /parm/ n. Further-compressed form of {param}.

:parm: /parm/ n. Further-compressed form of {param}. This term
is an IBMism, and written use is almost unknown outside IBM
shops; spoken /parm/ is more widely distributed, but the synonym
{arg} is favored among hackers. Compare {arg}, {var}.
-- The AI Hackers Dictionary

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