Meaning of OCC | Babel Free
Definitions
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Initialism of Office of the Comptroller of the Currency. US, abbreviation, alt-of, initialism
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Initialism of options clearing corporation. abbreviation, alt-of, initialism
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Initialism of operations control center. abbreviation, alt-of, initialism
Examples
“No funds left Citi, which disclosed the near miss -- when a bank processes the wrong amount but is able to recover the funds -- to the Federal Reserve and the Office of the Comptroller of the Currency (OCC), the report said.”
“While the Trump administration is much more pro-coin, one proposal for current regulation would limit big tech companies from being able to issue their own coins without approval from the OCC, which supervises US banks.”
CEFR level
A2
Elementary
This word is part of the CEFR A2 vocabulary — elementary level.
This word is part of the CEFR A2 vocabulary — elementary level.