What Does Common Business Oriented Language (COBOL) Mean?
Common Business Oriented Language, popularly known as COBOL, is a business based programming language designed for exclusive use in mainframe computers by Short Range Committee in 1959 for business applications.
Techopedia Explains Common Business Oriented Language (COBOL)
As the name suggests, this language is designed for programming business, financial applications. Since it will be used by people who have an expertise in the financial domain, its syntax is easy and it is almost equivalent to natural language. It is a high level programming language. The COBOL language is inherited from three main languages- FLOWMATIC, COMTRAN and FACT.
