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COBOL
On May 28 and 29 of 1959 (exactly one year after the Zürich ALGOL 58 meeting), a meeting was held at the Pentagon to discuss the creation of a common programming language for business. It was attended by 41 people and was chaired by Phillips.The Department of Defense was concerned about whether it could run the same data processing programs on different computers. FORTRAN, the only mainstream language at the time, lacked the features needed to write such programs. COmmon Business Oriented Language (COBOL) is a programming language that resembles English. As its name suggests, COBOL is especially efficient for processing business problems. It emphasizes describing and handling data items and input/output records; thus, COBOL is well adapted for managing large files of data.
COBOL Nowadays
Cobol is said to be dead.