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Simple English definitions for legal terms

Overseas Private Investment Corporation

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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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JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
soyalmondoatmilk
8:38
good morning! hoping waves will come our wave today
8:42
GW wave today?
8:57
There’s someone I found on here with the username threeoutchange and if my understanding is correct that’s a reference to the debut album by a pretty cool 90s-00s Japanese band called Supercar. I geeked a little
8:57
It could just be a baseball reference I don’t get though lol
Dkk
9:00
@renard99: also, the same band that does a song in the anime Eureka 7 which I watched when I was like idk, 12
9:00
Yeah! They are pretty good. Three Out Change is an awesome J-rock record
Dkk
9:01
I will probably not listen to them more but fun fact. Really random to start the day. An omen that the waves will be very random today.
Dkk
9:03
Fuck, reading the wikipedia now. Literal last song they did before they broke up was Storywriter. Wow.
9:05
That one is a masterpiece
9:05
My favorite song by them is Recreation
glovediedthisishismom
9:05
snowing
Dkk
9:07
@renard99: man, hard to find.
Dkk
9:07
@glovediedthisishismom: Congrats on the snow.
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