Glossary (English) beginning with O

O

• OECD

  The Organisation for Economic Co-Operation and Development (OECD) comprises 30 member countries that share a commitment to democratic government and the market economy. Member countries - sometimes referred to as OECD countries - represent the world's most developed countries.

• Ofcom

  On 1 October 2011, Ofcom officially took over regulation of the UK’s postal services from the previous regulator Postcomm. Ofcom is responsible for safeguarding the UK’s Universal Service Obligation on postal services.

• Outbound letter mail

  Letters transferred to foreign postal operators by Royal Mail for delivery abroad.