Transcription is the process of converting an audio or video file into a written text format. There are three different types of transcription services: intelligent transcription, edited transcription, and verbatim transcription.
Intelligent transcription does not include emotion, half-sentences, or minor utterances. The final product reads fluidly and intelligently.
Edited transcription includes only the important parts of the audio file and it is up to the transcriber to determine what is to be included and that is not, as long as the transcription remains faithful to the source. The final transcription omits minor utterances, and improper grammar may be corrected. This type of transcription is ideal for speeches of any form (example: closed captioning of news programming).
Verbatim transcription transcribes every utterance spoken by a speaker or speakers, and also includes portions where the utterances may not be perfectly clear. This type of transcription is used for legal proceedings and media (example: movies, commercials, etc.).