home/glossary/Office of Foreign Asset Control (OFAC)

Office of Foreign Asset Control (OFAC)

nounid 3412·updated May 9, 2026
candidate

The Office of Foreign Assets Control, United States Department of the Treasury, administers and enforces economic sanctions programs primarily against countries and groups of individuals such as terrorists and narcotics traffickers. The sanctions can be either comprehensive or selective, using the blocking of assets and trade restrictions to accomplish foreign policy and national security goals.

MWE

Classifications

Entity Type

Organization95%llm-generatedllm:claude-haiku-4-5

Sensitivity

Regulated90%llm-generatedllm:claude-haiku-4-5

Information Class

unclassified

Variants

plural
Office of Foreign Asset Control (OFAC)S
possessive
Office of Foreign Asset Control (OFAC)'s
pluralpossessive
Office of Foreign Asset Control (OFAC)S'

Framework definitions

Federal Financial Institutions Examination Council (FFIEC) IT Examination Handbook Infobase, Glossary1 senseview framework →
§1
The Office of Foreign Assets Control, United States Department of the Treasury, administers and enforces economic sanctions programs primarily against countries and groups of individuals such as terrorists and narcotics traffickers. The sanctions can be either comprehensive or selective, using the blocking of assets and trade restrictions to accomplish foreign policy and national security goals.

Outgoing relationships

No outgoing triples
This term is not the subject of any RDF-style relationship yet.

Incoming relationships

No incoming triples
No other term currently asserts a relationship to this one.