Abstract. For more than 10 years, research on service descriptions has mainly studied software-based services and provided languages such as WSDL, OWL-S, WSMO for SOAP, and hREST for REST. Nonetheless, recent developments from service management (e.g., ITIL and COBIT) and cloud computing (e.g. Software-as-a-Service) have brought new requirements to service descriptions languages: the need to also model business services and account for the multi-faceted nature of services. Business-orientation, co-creation, pricing, legal aspects, and security issues are all elements which must also be part of service descriptions. While ontologies such as e 3 service and e 3 value provided a first modeling attempt to capture a business perspective, concerns on how to contract services and the agreements entailed by a contract also need to be taken into account. This has for the most part been disregarded by the e 3 family of ontologies. In this paper, we review the evolution and provide an overview of Linked USDL, a comprehensive language which provides a (multi-faceted) description to enable the commercialization of (business and technical) services over the web.