What is the full form of COBOL?

COBOL stands for "Common Business Oriented Language".

Know more about Cobol (Common Business Oriented Language):

This is the type of language, which is almost look-alike to English, but it is a computer language and is designed to be used especially in business-related areas. Since 2002, it has been widely used as an object-oriented language due to its uniqueness.

COBOL is not only restricted to business-related areas, but it is also widely used in finance and administrative systems for companies and government. This language is still famously used in applications deployed on mainframe computers, such as large-scale batch and transaction processing jobs. Even though COBOL has not spent much time in the market but ever since the technology has fairly advanced over time, the program once written in this language are being migrated to new platforms and are now rewritten in other advanced languages or by replacing the entire software package.

Nowadays, COBOL is mostly used to maintain existing applications; however, many large financial institutions were still developing new systems in COBOL as late as 2006 due to the mainframe processing speed.

Tracing back the history, COBOL was originally designed during the period 1959 and it was partially based on the programming language FLOW-MATIC designed. It was designed especially for the US Department of Defense in order to create portable programming language data for processing. Ever since it picked up popularity.