Glossary:Extensible Markup Language
Also known as XML. A set of coding standards for designing web pages that involve the use of tags and values that enable applications to exchange data. The tags are standardized names that are used to identify specific pieces of data that have an associated value.
An open standard that is used for defining data elements on web pages and business-to-business documents. It is likely to become the standard for automating data exchange between business systems, whether between systems in one company or between suppliers and customers.
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