is for xerox. Xerox is a company and also an action. An xerox is a copy of something. For example: xerox this article means that you make a copy of the article. It is a paper copy and is usually in black and white. During the past 5 years xerox’s in color have become more affordable and therefore more available for the average office.
Xerox is a publicly traded company and has been around since 1960. They manufacture the machine that makes the copies that are called xeroxes.