Common Business Oriented Language (COBOL) - Financial definition
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.