What is Monikers when using COM

Clients always require a easy way to reconnect the same process where he is on last time or we can say that exact same state at a later point in time. This support is provided via "monikers". A moniker is a COM object that helps in this task because its knows how to create and initialize the content of a single COM object instance. A moniker can be asked to bind to the COM object it showing, so a COM object on specific machine on the network, or a group of
cells inside a spreadsheet.