The COBOL Language Overview :

What Is COBOL?
COBOL is a standard language for business software, a job that it does well. It is
heavily used in the mainframe world. COBOL has an undeserved reputation for inefficiency, and a deserved reputation for verbosity.
Today, many COBOL applications are being moved from mainframes to UNIX boxes.

Portability:-
Deaf, dumb, blind COBOL programs can be very portable. Otherwise you can use external libraries to achieve 100% portability (catch: you may have to write these libraries
yourself).

Pros and Cons:-
Pros: easy to use and teach. An excellent language for mediocre developers, which
includes me at least two days of the week.
Cons: Tends to encourage large, monolithic programs. Like unreadable C code, this is
a question of discipline.

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