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How Are Internet Standards Developed? What Is a De Facto

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How are Internet standards developed? What is a de facto standard?


Definitions:

Small Business

A privately owned corporation, partnership, or sole proprietorship that has fewer employees and lower annual revenue than a corporate or multinational company.

Long-Term Debt

Loans or other forms of financial obligations that are due to be repaid over a period longer than one year.

Equity Growth

The increase in the value of an investment or portfolio, attributed to capital gains and reinvested earnings.

Firm's Equity

The value of a company's assets minus its liabilities and debt; essentially, it represents the ownership value held by shareholders in the company.

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