oecd guidelines (C1)
noun phrase
Pronunciation: /ˈoʊsɛd ˈɡaɪdlaɪnz/
Definition
A set of rules and principles created by the Organisation for Economic Co-operation and Development (OECD) to promote good governance, transparency, and accountability in areas such as taxation, competition, and environmental protection.
Examples
The company had to comply with the OECD guidelines on corporate governance to avoid any legal issues.
The OECD guidelines on taxation helped to reduce tax evasion and increase revenue for the government.
How to Use oecd guidelines
- comply with the OECD guidelines (phrase)
- to follow the rules and principles set by the OECD — "The company had to comply with the OECD guidelines on corporate governance to avoid any legal issues."
- align with the OECD guidelines (phrase)
- to make sure that something is consistent with the OECD guidelines — "The new policy was designed to align with the OECD guidelines on environmental protection and promote sustainable development."
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