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ALSO CALLED: Extensible Business Reporting Language
DEFINITION: XBRL (Extensible Business Reporting Language) is an XML-based computer language for the electronic transmission of business and financial data. The goal of XBRL is to standardize the automation of business intelligence (BI). XBRL is an open standard which is overseen by a not-for-profit organization called XBRL International. XBRL uses tags to describe and identify each item of data in an electronic  … 

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