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This question is about careers.
The end of a business day is typically a deadline for the day; any work after that will roll over to the next day.
The end of the business day for a bank signifies that any and all transactions done after that set time will become transactions of the next business day. In other types of business, it can simply represent the time in which they close business for the day. The workday is essentially over at that point. In this instance, it can also be referred to as the close of business.
The typical end of a business day is seen as 5:00 pm in the respective time zone. The transactional business day is referred to as 9:00 am to 5:00 pm. This is the time frame in which the business for that day would be recorded to that day.

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