This document provides an overview of COBOL (Common Business Oriented Language), discussing its continued relevance and use. It notes that while COBOL is over 50 years old, it still runs 70-75% of global business systems and processes over 30 billion transactions daily. Additionally, 5 billion new lines of COBOL code are added yearly, demonstrating its enduring role in powering core banking, financial, and other transactional systems. The document also outlines the basic structure and components of a COBOL program, including its identification, environment, data, and procedure divisions as well as common statements like DISPLAY, ACCEPT, MOVE, and PERFORM.