[jobim]

I briefly went through the complete transcript at Fortune, and the ABC transcript, which is considerably shorter. Then I looked again at the top of the ABC site, and it says: Below is a transcript of the interview.

So I believe there are verbatim transcripts and summary transcripts. Is this common knowledge? What is the industry standard when it comes to the use of the word "transcript"?

[TigersEye]

As a proud affiliate of the Ministry of Truth ABC adheres to the standards set by the late great George Orwell.

[generally]

I think it is reasonable to remove “um” and “er” from a transcript. (I’m sure that cut 0vomit’s transcripts in half.) But I do NOT think changing words, omitting passages, or doing anything that changes the meaning or context of what was said can be called a transcript. Not by an honest person, anyway.