Which is a Common-Business oriented language.

COBOL : COBOL is an acronym for COmmon Business Oriented Language. COBOL is a high-level programming language very first developed by CODASYL Committee (Conference on Data Systems Languages) in early of 1960’s (First COBOL compiler was implemented in the same year). In the later years, so many revisions and modifications applied on the initial version of COBOL. COBOL primarily developed for business, finance and administrative system needs and mostly using in banking, insurance applications and government sectors. COBOL is mostly used language in the mainframe system to implement the changes to get the objective.

Source : mainframestechhelp.com