Development Assistance Committee

Definitions

Economics

  • The group of member countries of the OECD that form the "principal body through which the OECD deals with issues related to co-operation with developing countries." It has 24 members (as of July 25, 2010), which are generally those OECD member countries with the highest per capita incomes, plus the commission of the European Communities.
  • acronymDAC
  • Development Assistance Committee

Computing

  • noun a circuit that outputs an analog signal that is proportional to the input digital number, and so converts a digital input to an analog form
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