What Does COBOL Stand For?

COBOL stands for COmmon Business Oriented Language

COBOL, which stands for Common Business Oriented Language, is a high-level programming language designed specifically for business data processing. Developed in the late 1950s, COBOL is known for its readability and ability to handle large volumes of data, making it widely used in mainframe and enterprise environments for applications such as payroll, inventory management, and financial transactions. Its structured syntax allows for easy maintenance and updates, and it continues to play a significant role in legacy systems across various industries.