End of day, end of business, close of business, close of play, or end of play is the end of the trading day in financial markets, the point when trading ceases.
What does COB mean? COB is an acronym for close of business, which is the end of the business day. Most companies in the United States use traditional business hours and close their doors around 5pm Eastern Standard Time.
What is COB? A common synonym used is COB, which refers to the close of business. This is the very end of the business day when all tasks and deadlines have been completed. It is typically around 5:00 or 6:00 pm, just like EOD; as you can see, these are synonyms.
In Australia, Canada, New Zealand, the United Kingdom, and the United States, the hours between 9 am and 5 pm (the traditional "9 to 5") are typically considered to be standard business hours.
So be clear and communicate: COB means the completion of the traditional business day relative to the sender's time zone and EOD means the conclusion of the calendar day relative to the sender's time zone.
The usual phrasing is "by EOD today (or whichever day is the deadline).
COB stands for “close of business.” It refers to the end of a business day and the close of the financial markets in New York City, which define U.S. business hours. It's used in business communications to set a deadline for a task to be completed by 5:00 PM Eastern Standard Time (EST).
COB stands for "close of business" that professional organizations use when referring to the end of the business day. Many professionals base COB hours on times that businesses traditionally close in the United States, which is typically 5 p.m. Eastern Standard Time (EST).
Working Hours in Australia
Office working hours are typically from 9 AM until 5 PM. According to Australian law, the maximum time an employer can expect employees to work is 38 hours per week.
“business day” means Monday through Friday from 8.30am to 5:00pm, other than Saturday, Sunday or a public holiday.
Comparable Overseas Bodies (COBs)
EOD stands for "end of day" while COB means "close of business." The difference between these two terms is that EOD refers to when your specific working hours are done while COB indicates the last hour a company's employees are in!
Core banking processes will go on (to COB)
The close-of-business (COB) ties up most of the loose threads of a day in the life of a bank. This means that IT is as busy at it gets during these hours – and as it happens, sometimes things go askew for reasons no one could have predicted.
: at a short distance away. Don't worry: if anything happens I'll be (standing) close by. They're building a school close by.
On this page you'll find 10 synonyms, antonyms, and words related to out of business, such as: bankrupt, closed, defunct, extinct, no more, and nonexistent.
Noun. OOB (uncountable) Abbreviation of Open(ing) Of Business.
An employee can work a maximum of 38 hours in a week unless an employer asks them to work reasonable extra hours.
Break rights
Full-time employees working between 7 to 10 hours a day are entitled to 2 paid rest breaks of 10 minutes and one unpaid meal break of 30-60 minutes.
Full-Time Employees Cannot Work More Than 10 Consecutive Days. As part of the hours of work that your full-time employees work, it's important to make sure that any full-time employees don't work more than 10 days in a row, regardless of the needs of the workplace.
Section 2b of the act states that a business day is any day that isn't a: Saturday. Sunday. Public holiday.
The term “cob” is English in origin and means “mud building”, but also might reference the English word, cob for loaf or brick. Cob uses no molds, forms, or bricks to create, it is a free-flowing claylike medium sculpted onto a foundation to create thick, load-bearing walls.
So, how long is one business day exactly? The length of a business day means an 8-hour time period during normal business hours, usually from 9 a.m. to 5 p.m. local time.
Answer: The 'opposite gender' of cob is pen.
Like other abbreviations of different terms, we use COB as an acronym for Close of Business, which can be different for every employee or even the owner. Most of us are not familiar with the actual meaning of COB as Close of Business, but some take it as some of their project terms.
Commercial Output Policy (COP)