O
OASIS - Organization for the Advancement of Structured Information Standards (organization which develops and maintains standards for various aspects of Web-based communications - how they are built and maintained)
OCT - Overseas Countries and Territories
OECD - Organization for Economic Co-operation and Development (Paris-based international organization established in 1961 with the goal of promoting democratic government and market economies. Represents 30 nations - provides economic statistical research and technical assistance for developing countries - superseded the Organization for European Economic Cooperation (OEEC) )
OEEC - Organization for European Economic Co-operation (organization created in April 1948 to administer U.S. aid under the Marshall Plan following World War II - replaced by the Organization for Economic Cooperation and Development (OECD) in 1961)
OHIM - Office for Harmonization in the Internal Market (Trade Marks and Designs) (EU agency opened in 1996 which handles registration of Trade Marks and Designs)
OJ - Official Journal of the European Communities
OJLS - Oxford Journal of Legal Studies
OLAF - l'Office Européen de Lutte Anti-Fraude (European Anti-Fraud Office) (agency with the role of investigating and collecting evidence relating to internal cases of suspected fraud affecting the EC/EU (European Community/European Union) budget)
OLP - ordinary legislative procedure (acts enacted by the European Parliament following normal procedures involving proposals, committee consideration, parliamentary review, and adoption - in contrast to special legislative procedures (SLP))
OMC - Open Method of Coordination (policy begun in 2000 designed to improve the European Union's (EU) competitiveness and economic performance by promoting cooperation and openness)
OMT - outright monetary transactions (mechanism used by the European Central Bank (ECB) involving investment in a member state - through the direct purchase of short-term government bonds, in return for a commitment to a program of financial austerity-measures)
OPEC - Organization of Petroleum Exporting Countries (international organization of eleven developing countries dependent on oil exports as a source of revenues)
OPIC - Overseas Private Investment Corporation (independent U.S. federal agency created by the Foreign Assistance Act pf 1969 to insure, guarantee, and finance private investments in developing countries - since 1979 OPIC has operated as a unit of the International Development Cooperation Agency)
OSCE - Organization for Security and Co-operation in Europe