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An ontology is a specification of a conceptualization.
Practically, an ontological commitment is an agreement to use a vocabulary (i.e., ask queries and make assertions) in a way that is consistent (but not complete) with respect to the theory specified by an ontology. We build agents that commit to ontologies. We design ontologies so we can share knowledge with and among these agents.

http://www-ksl.stanford.edu/kst/what-is-an-ontology.html

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