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Simple English definitions for legal terms

Overseas Private Investment Corporation

Read a random definition: respondeat ouster

A quick definition of Overseas Private Investment Corporation:

Overseas Private Investment Corporation (OPIC) is a government organization that helps people invest money in developing countries. They do this by giving loans, supporting private funds, and protecting investments from political risks. OPIC was created in 1998 and is self-sustaining, which means it doesn't need money from the government to operate.

A more thorough explanation:

The Overseas Private Investment Corporation (OPIC) is a federally chartered corporation that encourages private investment in developing countries. It was established as an independent agency by the Foreign Affairs Reform and Restructuring Act of 1998. OPIC supports private funds that invest in foreign nations, makes or guarantees loans, insures investments against political risks, and engages in outreach activities.

For example, if a U.S. company wants to invest in a developing country but is concerned about political instability, OPIC can provide insurance to protect the investment. This encourages more private investment in developing countries, which can help create jobs and improve the economy.

Another example is if a private fund wants to invest in a renewable energy project in a developing country, but needs financing to do so. OPIC can provide a loan or guarantee to help make the project financially feasible.

Overall, OPIC plays an important role in promoting economic development in developing countries by encouraging private investment and mitigating risks for investors.

overseas bill of lading | oversman

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do we foresee a fordham election day wave today (i'm delusional)
WorthlessAttractiveZombie
9:31
I think so, Jack
9:31
some people hate him. some people love him, but he a real one: https://youtu.be/w5oEqiVQcF4?t=173
9:32
[kevin oleary]
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
WorthlessAttractiveZombie
9:34
I mean if Fordham doesn't release today I will purposefully get on a train, go to new york, and then take the stinkiest shit inside the admission office's toilet (potentially clogging it and forcing them to get a plumber)
IS IT ONLY ON MY END WHY DID THAT SEND TEN MILLION TIMES
HELLO
WorthlessAttractiveZombie
9:35
it sent a million times lol
WHAT HAPPENED
yeah i thought you were tweaking for a second
i'm so sorry everyone what the actual fuck this website hates me
WorthlessAttractiveZombie
9:35
Jack's just tweaking on LSD no biggie
to be fair this accurately represents my mental state
election day psychosis coming in hot (fordham)
usc pls pull through .....
i literally just need one A so i can relax before my ED decision
WorthlessAttractiveZombie
9:38
oh that's right USC might release
soapy
9:43
USC still has not looked at my app
WorthlessAttractiveZombie
9:43
when did you submit soapy?
soapy
9:44
10/16
WorthlessAttractiveZombie
9:44
to be fair it took them almost 2 months for me to go under review
soapy
9:44
Feelin a bit stressed, as I've got no date change for Michigan either despite applying 10/7
WorthlessAttractiveZombie
9:45
I have not had a date change either for Mich but I've seen people get in without one so who knows
I applied 9/25 to like 6 schools and some (Houston) have no date change yet so dw
soapy
9:46
But do people get in without addresses going long?
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