COB Full Form | What is the Full Form of COB

COB Full Form - Close of Business

 Close of Business

Close of Business

  • COB stands for Close of Business.
  • It's also referred to as the end of business and end of day.
  • It refers to the point in time when a corporation gets closed for the day.
  • For example, if your office opens at 9:00 am and closes at 6:00 pm then you'll consider 6:00 pm as COB.
  • And, suppose your boss wants you to finish the presentation before COB then it means, you're asked to finish the presentation same day before the office gets closed at 6:30 pm.
  • COB has no legal or enforceable meaning so its meaning may vary from one industry to the other industry.
  • For example, in financial markets, it's also wont to point to the end of a trading day. COB timings also vary from country to country and industry to industry.
  • In the US, COB is typically at 5:00 pm and in the UK, it's typically at 5:30 pm. Most of the people generally use COB instead of EOD (end of the day) as EOD is midnight (23:59 pm) when everyone has left the office or gone home.

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