The document defines cloud computing by explaining the three service models - Software as a Service (SaaS), Platform as a Service (PaaS), and Infrastructure as a Service (IaaS). It notes that SaaS provides ready-to-use applications, PaaS allows for browser-based development and seamless deployment, and IaaS provides on-demand infrastructure resources. The document uses rhyming phrases and analogies to define cloud computing and make the concepts more accessible.