SEBACEOMA or MODERATELY DIFFERENTIATED SEBACEOUS ADENOMA or SEBACEOUS TRICHOBLASTOMA
Tumors having very prominent sebaceous differentiation can usually be categorized either as sebaceous hyperplasia or as sebaceous adenomas.

The terminology associated with tumors having moderately prominent sebaceous differentiation can be confusing. Consider the following:

From a 22 year old male:
 
Very low power view (direct scan of glass slide) showing an encapsulated mass in the subcutis and lower dermis. The tumor is devoid of recognizable specialized stroma. This pattern of growth is characteristic of a benign adnexal tumor. The lack of cytologic evidence of malignancy confirms the benign nature of this tumor. The clear areas within the tumor are the result of sebaceous differentiation. 
Medium power view of an area within which there is prominent sebaceous differentiation.
High power view of above.
Medium power view of an area within which most of the cells are much less differentiated.
High power view of above. Although most of the cells are devoid of a recognizable line of differentiation, they lack the malignant cytologic features of a sebaceous carcinoma.

Ref: 1. Headington JT. Tumors of hair follicle differentiation. In: Farmer ER,
       Hood AF, eds. Pathology of the Skin 2nd Edition, East Norwalk, Conn: Appleton & Lange; 2000:1015 & 1016.

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