electronic data interchange(redirected from Applicability Statement 1)
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Electronic data interchange (EDI)
The direct exchange of information electronically, from one firm's computer to another firm's computer in a structured format.
Electronic Data Interchange
A strictly structured form of business-to-business communication. Electronic data interchange involves the transfer of formal documents, such as orders, invoices, and even checks. Companies provide EDI services to more than 80,000 clients, but the system receives significant competition from various services offered over the Internet.