It is a Microsoft binary standard for APIs invented in 1993. This is yet another thing I've learned from C# 4.0 in a Nutshell.
Addendum 11/1/2015: This stuff is of the PC's environment itself. When working in C# you are eventually going to need to do something at the PC level wherein you have to cross out of managed code into older gunk of unmanaged code that was never penned in CLR and I suspect the COM is the gateway in. I don't really know. This backs up that idea. Wikipedia says: COM and ActiveX components are run as native code on the user's machine, with no sandboxing.
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