Cryptocurrency Q&A What does COB mean for payment?

What does COB mean for payment?

CryptoTitan CryptoTitan Mon Nov 11 2024 | 5 answers 998
I'm trying to understand a term I came across in a payment context. What does COB stand for and how is it used in payment processes? I'm curious to know its meaning and application. What does COB mean for payment?

5 answers

Andrea Andrea Wed Nov 13 2024
COB stands for Close of Business.

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Federico Federico Tue Nov 12 2024
Similarly, EOP, which means End of Pay, is also used to denote the same time.

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EchoSoulQuantum EchoSoulQuantum Tue Nov 12 2024
This term signifies the end of a company's operational day.

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EchoSeeker EchoSeeker Tue Nov 12 2024
COB is also interchangeably used with EOD, which stands for End of the Day.

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Filippo Filippo Tue Nov 12 2024
Another variant is COP, which represents Close of Pay.

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