MLchartDataset catalogue

Administrative Order on Consent (AOC)

Term · Insurance and risk management · MLC-T-INS-000334

A legally binding agreement between a government agency, such as the Environmental Protection Agency (EPA), and a party responsible for pollution, outlining the actions the party must take to address environmental contamination. The responsible party agrees to perform specific cleanup or corrective measures without admitting liability. It is a common tool for enforcing environmental regulations.

Table 1. Record
IdentifierMLC-T-INS-000334
FieldInsurance and risk management
AbbreviationAOC
Record as JSON 
{
  "id": "MLC-T-INS-000334",
  "term": "Administrative Order on Consent (AOC)",
  "field": "Insurance and risk management",
  "definition": "A legally binding agreement between a government agency, such as the Environmental Protection Agency (EPA), and a party responsible for pollution, outlining the actions the party must take to address environmental contamination. The responsible party agrees to perform specific cleanup or corrective measures without admitting liability. It is a common tool for enforcing environmental regulations.",
  "abbreviation": "AOC",
  "url": "https://mlchart.com/terminology/insurance/administrative-order-on-consent-aoc/"
}

Record 67 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.