What is the difference between EOD and EOB?

EOD and EOB look quite similar, so you might accidentally confuse them now and then. However, the definition of EOB is slightly different, being closer to the COB meaning. Business people commonly use COB and EOB interchangeably. EOB stands for “end of business,” a phrase that has the same meaning as “close of business.”

What does EOB mean in business?

EOB stands for “end of business,” a phrase that has the same meaning as “close of business.” In other words, the time when a company closes its doors at the end of the day. What Time is the End of the Day in Business? As mentioned above, the exact time “end of day” refers to differs between various companies.

What is the difference between EOD & close of business?

While this and “close of business” are often used interchangeably, there is a slight difference between this and the “end of day” meaning. If you and your employer are in different time zones, they will usually use EOD to mean by the end of the business day in their time zone, not yours. So, what time is EOD?