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Common Business Oriented Language  (COBOL) - Financial definition

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Financial acronyms

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  Concise definition of the term Common Business Oriented Language

COBOL is a compiled English-like programming language designed for business use. It is primarily used in business, finance, and administrative systems for companies and governments.

  Comprehensive definition of the term Common Business Oriented Language

COBOL was designed in 1959. It is imperative, procedural and, since 2002, object-oriented.

 Browse the financial glossary in alpabetical order