application service level agreement (ASP) (ASLA)

Application Service Level Agreements (ASLAs) are quality of service agreements that are tailored to specific applications.

The ASLAs specify, among other things, the type and quality of transmission, the quality of service, and other transmission parameters. They form the basis of the contract between application service providers(ASPs) and their customers.

Part of an ASLA could be, for example, the specification of a percentage at which transactions must be executed within a certain time.