Universal Business Language (UBL) is a royalty-free set of documents based on the ebXML (Electronic Business XML) Core Components Technical Specification, also known as ISO 15000-5. UBL is overseen by OASIS (Organization for the Advancement of Structured Information Standards), a worldwide consortium devoted to the establishment of open IT (information technology) standards. The UBL project was originally conceived in 1999 and the first version was released in 2004.
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The primary purpose of UBL is to promote and support the global use of e-commerce documents that conform to widely accepted industry criteria and government regulations, independent of local and regional infrastructure