Extensible Application Markup Language (XAML, pronounced zammel) is a declarative XML-based language created by Microsoft which is used to initialize structured values and objects.

XAML (pronounced zammel) is an acronym for eXtensible Application Markup Language, is Microsoft's XML-based language for creating a rich GUI, or graphical user interface.

check this link for detail
http://www.mindstick.com/Blog/59/XAML%20eXtensible%20Application%20Markup%20Language

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