I recently encountered the term 'COB' in a banking context and I'm not sure what it means. I'm wondering if it's a specific term used in the banking industry, and if so, what does it stand for and how is it used?
5 answers
Chloe_jackson_athlete
Sun Nov 17 2024
The acronym COB stands for Close of Business.
CryptoLodestarGuard
Sun Nov 17 2024
COB is frequently used as a synonym for EOD, which signifies the end of the day.
CryptoSavant
Sun Nov 17 2024
It can also be referred to as EOB, representing the end of business.
isabella_doe_socialworker
Sat Nov 16 2024
Another variation is COP, which denotes the close of pay.
KpopHarmonySoulMate
Sat Nov 16 2024
EOP is another term, standing for the end of pay.