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Hello. May sound strange, but I'm n

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Hello. May sound strange, but I'm new studying Cobol. My question : What does the B in COBOL stand for? Thanks.
 
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Business. COmmon Business Orientated Language.
If i'm not mistaken, that is.

Regards,
Ronald.
 
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Sorry, that should have been "Oriented".

Regards,
Ronald.
 
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