The acronym is also used for any specific WSDL description of a web service (also referred to as a WSDL file), which provides a machine-readable description of how the service can be called, what parameters it expects, and what data structures it returns. Therefore, its purpose is roughly similar to that of a method signature in a programming language.
The current version of WSDL is Web Services Description Language 2.0. The meaning of the acronym has changed from version 1.1 where the "D" stood for "Definition".