Procedural COBOL is regular COBOL without any of the new syntax that has been added for .NET and JVM. This is the COBOL that was used to write Net Express, Server Express and Mainframe Express applications, and it is still actively supported today.
You can compile to native or (in most cases) managed code. The core COBOL syntax is supported in managed code. However, there are some features that are not supported (for example Panels V2, Dialog System and ACUCOBOL-GT). This means that you can take most existing COBOL applications and recompile to create managed applications.
Managed COBOL is the collective term for .NET COBOL and JVM COBOL.
Managed COBOL is COBOL with extensions to support the .NET and JVM frameworks. It offers OO syntax support and syntax to allow access to the available class libraries.
When you compile managed JVM COBOL, the compiler generates managed code: .class or .jar for JVM that runs on the Java Virtual Machine.
You can compile your COBOL program to managed code using the jvmgen compiler directive. From within the IDE this happens automatically if you are using a managed COBOL JVM project.
The compiler has now created an intermediate language (JVM byte code .class/.jar).
COBOL and all other JVM languages (for example Java, JRuby and Jyphon) compile to this format, which makes mixed language applications easy to write.
You can also create native code applications.In Eclipse, the default COBOL project compiles to native code.
The compiler generates .exe/.dlls as the result of a native compilation.
The native COBOL application has to call the appropriate management services available for the operating system, whereas a managed application can take advantage of the management services provided by the run time such as exception handling, garbage collection, and thread management.
The JVM byte code (.class/.jar files) can be deployed to a Java Virtual Machine for execution.
The JVM's just-in-time (JIT) compiler compiles the byte code into code native to the operating system. The JVM provides additional services including memory management, exception handling, garbage collection and thread management.
You use the IDE to develop, compile and debug both native and managed applications. You can write new COBOL code or you can recompile existing COBOL applications to managed or native code, potentially without any code changes.
You can deploy and further debug the application under the run-time system provided by COBOL Server.
JVM COBOL applications are deployed to a Java Virtual Machine for execution.