This document defines Version 2.0 of the Core Business Vocabulary (CBV). The goal of this document is to specify the structure of vocabularies and specific values for the vocabulary elements to be utilized in conjunction with the GS1 Electronic Product Code Information Services (EPCIS) standard for data sharing both within and across enterprises. The aim is to standardize these elements across users of EPCIS to improve the understanding of data contained in EPCIS events.