COB stands for "Close of Business".
COB represents Close of Business. It is additionally alluded to as the finish of business and the end of the day. It alludes directly to a time when an organization gets shut for the afternoon. For instance, on the off chance that your office opens at 9:00 am and shuts down at 6:00 pm, at that point you can think about 6:00 pm as COB. Furthermore, assuming your manager needs you to finish the introduction before COB then it implies, you are approached to finish the introduction the same day before the workplace gets shut down at 6:30 pm.
COB has no lawful or enforceable significance so its importance may shift from one industry to the next business. For instance, in monetary business sectors, it is additionally used to highlight the finish of an exchanging day. COB timings likewise shift from nation to nation and industry to industry. In the US, COB is normally at 5:00 pm, and in the UK, it is commonly at 5:30 pm. The greater part of individuals by and large use COB rather than EOD (day's end) as EOD is 12 PM (23:59) when everybody has left the workplace or returned home.
Acronym | Full Form |
---|---|
BPL | Below Poverty Line |
CA | Chartered Accountant |
CAG | Comptroller and Auditor General of India |
CRR | Cash Reserve Ratio |
CST | Central Sales Tax |
CTS | Cheque Truncation System |
ECC | Excise Control Code |
EMI | Equated Monthly installment |
FDI | Foreign Direct Investment |
FEMA | Foreign Exchange Management Act |
GDP | Gross Domestic Product |
GST | Goods and Service Tax |
IPO | Initial Public Offering |
IT | Income Tax |
KYC | Know Your Customer |
NASDAQ | National Association of Securities Dealers Automated Quotations |
NIFTY | National Stock Exchange Fifty |
NPA | Non Performing Assets |
PSI | Population Services International |
SENSEX | Stock Exchange Sensitive Index |
SIP | Systematic Investment Plan |
SKU | Stock Keeping Unit |
SLA | Service Level Agreement |
TA & DA | Travelling Allowance & Dearness Allowance |
TAN | Tax Deduction and Collection Account Number |
TIN | Taxpayer Identification Number |
VAT | Value Added Tax |
TDR | Ticket Deposit Receipt |
CTC | Cost to Company |