Business acronyms. They make it easier to digest long emails, allow you to improve your communication skills and make you feel a bit like yourself. re communicate the instructions for a secret mission. However, acronyms can also be confusing and frustrating. Have you ever received an email from your boss or coworker requesting that a task be performed by COB or EOD? If you've been feeling confused or nervous, you'll miss an unspoken deadline - you're not alone. <- more ->
So what do these terms mean? And how do you use them correctly when communicating with your colleagues? First, let's go over the definitions.
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What does COB mean?
COB stands for "close of business ". It refers to the end of a business day and the close of financial markets in New York, which defines the hours of operation in the United States. It is used in business communications to set a deadline for a task to be completed by 5:00 p.m. Eastern Standard Time (EST).
COB can be used interchangeably with End of Business (EOB), End of Day (EOD), End of Game (EOP), Game Close (COP) and Office Close (COB) .
What does EOD mean?
EOD stands for "end of the day". It is used to set a deadline for a task that needs to be completed by the end of the working day, typically 5:00 PM. When no time zone is provided, the end of day is relative to the sender's time zone.
Acronyms used interchangeably with EOD include, end of activity (EOB), end of game (EOP), close ofs offices (COP) and closing of offices (COB).
What are working days?
Close of business (COB) and end of day (EOD) refer to a business day. But which days are considered working days? A business day refers to any business day - Monday through Friday - 9:00 a.m. to 5:00 p.m. local business time.
Depending on the type of business or industry in which you work, you may experience operations 24 hours a day or on working days on weekends. For example, banks and delivery services generally operate on Saturdays. This brings us to the next question:
Is Saturday considered a working day?
That answer is no. Most businesses operating on weekends do not consider Saturday or Sunday to be a “working day”. Holidays are generally not called working days.
How to use COB andEOD (with examples)
If you use acronyms, such as COB and EOD, with people in all countries and time zones, make sure that clear expectations are set.
Suppose you are located at your company headquarters in New York, but you work with an employee based in your London office. If this is your first time collaborating with your London colleague, set up communication guidelines for your interactions in the future.
Share these expectations with the person by video conference, call or email.
It was great chatting with you earlier today about of our marketing conference calendar for the year. Please send me your finalized screenings by EOD (end of day) tomorrow, Eastern Standard Time.
If there is a deadline for an important project or task, it may It is better to ignore the acronyms completelys and provide your coworker with a specific date, time, and time zone.
I 'm looking forward to the end of month presentation. Could you provide me with your completed slides by Thursday 5:00 PM EST?
Transparency and expectations and deadlines Clearly communicated reduce confusion and stress in the workplace. They also make sure tasks and projects are delivered on time. When in doubt, clarify your acronyms for better working relationships and better results.
Want to simplify some other confusing business correspondence jargon? Check out these articles on Best Regards vs. Kind Regards , Why You Should Stop Using "Dear Sir or Madam According to our conversation and alternatives " I hope you are doing well .
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