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Value-added network

A telecommunications network providing communication facilities, which enhance basic telecommunications services. They add value by passing, storing and converting messages. Also known as service providers and EDI service providers. Operated by a clearing house, an organisation that provides message/file collection, routing and distribution service on behalf of other organizations.

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  • Part of Speech: noun
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  • Industry/Domain: Accounting
  • Category: Auditing
  • Company: AIS
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