What is Extended Reality?

Extended Reality (XR) is quickly explained - because it's a bit of everything.

Actually, it is simply digital information generated by a machine that gets visualized in AR or VR. But today it is more common to use the term ‘XR’ as a compilation of AR, VR and MR.

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Does that mean Augmented Reality is a form of Mixed Reality? Or what's the difference?
What does 'spatial' mean?