What is the Full form of COB?
The COB full form is “Close of Business.” COB is also known as (EOB) end of business, (COP) close of pay, and (EOP) end of pay. It indicates the period at which a firm will be closed for a day. For instance, if your workday begins at 9:00 am and ends at 6:00 pm, you may be considered COB at 6:00 pm.
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COB has no legal or enforceable value, and its definition can vary from industry to industry. In the capital sector, for instance, it refers to the end of a business day. COB timing also differs from country to country and industry to industry. In general, COB in the United States occurs at 5:00 pm and in the United Kingdom at 5:30 pm.