Definitions for "Hosted"
contrasted with “Integrated,” a Hosted On-Ramp is a Web-based e-commerce application that trading parties use via a Web browser. Typically there is no “connection” to their enterprise systems. Also used to describe an e-commerce application that runs on Marketplace infrastructure and is operated by Pantellos. See ASP.
A software, functional or network system provided by a third party who owns the underlying resource and provides access on a subscription basis determined by usage and service levels.