(Electronic Business using XML) A framework initiated in 1999 for developing a business transaction vocabulary based on XML. Based on work done by the United Nations Centre for Trade Facilitation and Electronic Business (UN/CEFACT), ebXML provides descriptors for modeling business processes that include the definition of software components.ebXML is designed for global interoperability and to facilitate the transition from older electronic data interchange (EDI) formats to the Internet. The ebXML specifications are jointly sponsored by OASIS and UN/CEFACT. For more information, visit www.ebxml.org. See UBL.