What is COB, what is the meaning of COB, COB full form, what does COB mean, what is the full form of COB? Expand the full name of NABL. What does COB stand for? Is it an acronym or abbreviation?
In this post, I am gonna answer your queries regarding COB.
COB Full Form in Business/IT/Software - Close Of Business
The full form of COB is Close of Business. COB is known as the end of the business and the end of the day. COB refers to the point when a company closes for a day.
For example, if your office opens at 9 am and closes at 6 am, you can consider it as COB at 6 pm. Suppose your boss wants you to complete the presentation before the COB. This means that you are asked to complete the presentation before the office closes at 6:30 pm.
COB has no legal or enforceable meaning. Hence its meaning may vary from one industry to another. For example in Financial Markets it is also used to point to the end of a business day.
COB time also varies from country to country and industry to industry. COB usually takes place at 5 pm in the US and 5:30 pm in the UK. Most people usually use COB instead of EOD (end of the day). Because EOD is at midnight (23:59) when everyone leaves office or goes home.
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