COBOL (Common Business-Oriented Language; /ˈkoʊbɒl, -bɔːl/) is a compiled English-like computer programming language designed for business use. It is an imperative, procedural, and, since 2002, object-oriented language. COBOL is primarily used in business, finance, and administrative systems for companies and governments. COBOL is still widely used in applications deployed on mainframe computers, such as large-scale batch and transaction processing jobs. Many large financial institutions were developing new systems in the language as late as 2006, but most programming in COBOL today is purely to maintain existing applications. Programs are being moved to new platforms, rewritten in modern languages, or replaced with other software.
COBOL's design was started in 1959 by CODASYL and was partly based on the programming language FLOW-MATIC, designed by Grace Hopper. It was created as part of a U.S. Department of Defense effort to create a portable programming language for data processing. It was originally seen as a stopgap, but the Defense Department promptly pressured computer manufacturers to provide it, resulting in its widespread adoption. It was standardized in 1968 and has been revised five times. Expansions include support for structured and object-oriented programming. The current standard is ISO/IEC 1989:2023.