Overseas Private Investment Corporation (opic)
Federal program to insure private U.S. investments in foreign countries, created by the Foreign Assistance Act of 1961. It is a joint government and private effort to encourage U.S. investments abroad by providing protection against three political risks: (1) inability to convert foreign currency; (2) expropriation of facilities by a foreign country; and (3) war or revolution. The program is guaranteed by the full faith and credit of the U.S. government.
Popular Insurance Terms
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Rate of return computed by dividing the current annual dividend (if a stock) or annual coupon amount (if a bond) by the amount paid for that financial instrument. ...
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1% of the loan amount paid to the lender for making a loan. ...
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