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How about this:
XML stands for the "Extensible Markup Language",
which defines a universal standard for electronic
data exchange. It provides a rigorous set of rules
enabling the structure inherent in data to be easily
encoded and unambiguously interpreted using human-
readable text documents.
Is this too abridged?
Steve Muench - Developer, Product Mgr, Java/XML Evangelist, Author
Simplify J2EE Development with the Oracle BC4J Framework
Building Oracle XML Apps, http://www.oreilly.com/catalog/orxmlapp