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- Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.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. This is also the time when the stock market closes, so it’s the end of the day for many businesses in this sector.www.indeed.com/hire/c/info/close-of-businessclose of business noun [ S or U ] us / ˌkloʊz əv ˈbɪz.nɪs / uk / ˌkləʊz əv ˈbɪz.nɪs / (abbreviation COB) Add to word list Add to word list the end of the working day or the business day, especially on a financial market: at the close of business Purchase orders will be processed at the close of business on the day the markets reopen.dictionary.cambridge.org/us/dictionary/english/clos…
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