A thrift-added network is a private system set up by a third-party firm so that it can conduct a variety of transactions.

Name: A thrift-added network is a private system set up by a third-party firm so that it can conduct a variety of transactions.
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Question

Quizplus · Accepted Answer

The correct term is "value-added network" (VAN), not "thrift-added network." A VAN is a private network provider that is hired by a company to facilitate electronic data interchange (EDI) or provide other network services.

A Thrift-Added Network Is a Private System Set Up by a Third-Party