XBRL (eXtensible Business Reporting Language) is an open, international standard for digital business reporting, managed by a global not-for-profit consortium, XBRL International. It provides a language in which reporting terms are unambiguously defined, making the results computer-readable. XBRL is primarily used for the electronic communication of business and financial data, revolutionizing data collection and analysis. It allows for more efficient and accurate reporting, enabling automated exchange of information between different systems and organizations.
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