This concept applies to all types of businesses: clothing stores, online retailers like Amazon, banks, and credit card companies, or anywhere where orders need to be shipped out by the end of the day.

For example, if your favorite grocery store closes at 9 PM every weekday, then any order placed after 9 PM on a Monday would be considered a business day order it will ship Tuesday morning and arrive by the end of the following business day (which is Wednesday). Some companies count Saturdays as welcome additions to their 5-day/40-hour work weeks, so they choose to communicate EOD as being on Fridays instead of Wednesdays.īusiness days are simply any normal workday for an organization or individual. So, it is now clear that Saturday is often not counted as a business day unless it's the only day in the week for working. This is not recommended for all businesses but may be ideal for some-especially if their suppliers offer this service themselves. If that seems like too much work perhaps consider taking on only clients who are comfortable engaging in business over the phone or the internet. That way, your customers will know what to expect when they engage in transactions with you and won't feel the need to contact you every day (or even more than once per business day). Once you establish a COB or EOD for your company, the best course of action is to be consistent with it especially if, like many small businesses, you are only using it with one supplier. If they are closed on weekends but offer 24-hour telephone service, you might consider making Friday your close of the business day while allowing for longer days during the week to accommodate customers who are more comfortable doing business over the phone. It's best to check with your supplier regarding their schedule before you establish one yourself. Others may designate Saturday as an EOD whereas others still deal with transactions through the weekend and process on Mondays (or Tuesdays).

However, some businesses choose to close on Saturdays instead of Sundays (and vice versa). For instance: 'Please make sure all invoices are sent out by EOD.' Or, 'The business day for this account closes at 4:00 PM EOD.'Ī common question is whether Saturday qualifies as a business day or not. For example: 'We need that report on my desk by COB today.' Or, 'The promotion deadline has been extended until Tuesday at 11:59 PM (COB).'ĬOB is synonymous with the end of business (EOB), end of day (EOD), end of play (EOP), closure of play (COP), and close of business (COB) as well.Īn acronym meaning End Of Day (EOD), EOD serves much like its acronymic counterpart: to designate the end of a business day and/or the time an event should take place. To put it another way, it's the time by which certain activities must be completed or initiated. So, what exactly do these phrases mean? And how do you utilize them effectively while speaking with your coworkers? First, let's go through the definitions!Īn acronym for 'Close of Business,' COB is used to designate the end of a business day as well as, sometimes, as a designation for when an event occurs. Have you ever gotten an email from your employer or a coworker requesting that you finish a job by COB or EOD? If you have ever felt perplexed or worried that you will miss some unsaid deadline, then you are not alone! However, acronyms may be perplexing and annoying. Acronyms in business - They make long emails simpler to read, lead to stronger communication skills, and make you feel like you are sending clandestine mission orders.

Arrives by end of day