What does GRASP mean in File Extensions?

This page is about the meanings of the acronym/abbreviation/shorthand GRASP in the Computing field in general and in the File Extensions terminology in particular.

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Definition

What does GRASP mean?

appreciation, grasp, hold(noun)
understanding of the nature or meaning or quality or magnitude of something

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"GRASP." Abbreviations.com. STANDS4 LLC, 2016. Web. 5 Dec. 2016. <http://www.abbreviations.com/term/41166>.