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MFP	Multi-function peripheral. Office equipment that incorporates two or more functions (print, fax, scan, copy, etc.) in a single device. Also referred to as a multi-function device (MFD).
Multifunction Product (MFP)	Office equipment that acts as a scanner, fax machine, printer and copier, often attached to a network and supporting a workgroup, department or branch office. Sometimes called a multifunction peripheral, multifunction printer, multifunction device (MFD) or all-in-one.

Glossary compiled from a variety of sources, including Kofax, MS Tech Net and Wikipedia.