overseas private investment corporation

Overseas Private Investment Corporation. A federally chartered corporation that promotes private investment in developing countries by making or guaranteeing loans; supporting private funds that invest in foreign nations; insuring investments against political risks; and engaging in outreach activities. • It was established as an independent agency by the Foreign Affairs Reform and Restructuring Act of 1998. The agency is self-sustaining. — Abbr. OPIC. [Cases: United States 53(6.1). C.J.S. United States §§ 83–89, 94–95.]

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词条贡献者

法律翻译Daniel，毕业于英国一流的翻译学院，专注翻译各类与海商海事有关的法律文件。