Yes, it is one activation per machine.
But one activation may be lost because of Windows key updated.

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So an EA I had already activated on my laptop ended up using another activation when I went to install it on a different terminal on the same laptop, as I only had 3 activation's left this is kind of frustrating to say the least.
It's supposed to be one activation per machine right?
Anyone know why this would of happened and if there's a chance i can recoup this activation?
Thanks