What Does Extensible Business Reporting Language Mean?
Extensible business reporting language (XBRL) is an open and free programming language providing an international platform for exchanging business transactions and processing data.
Being market-driven, XBRL functions and resources are designed to suit developing market and business needs. They also allow information modeling for the expression of all terms or semantics used for business reporting. XBRL is XML-based and uses related technology, such as XML Schema and Namespaces, to clarify semantic meanings.