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What does OY stand for?

OY stands for Option Year

This definition appears somewhat frequently

See other definitions of OY

Other Resources:
We have 1 other meaning of OY in our Acronym Attic

Samples in periodicals archive:

NYSE MKT: VSR) announced that the United States Army Corps of Engineers, Middle East District (USACE-MED) has exercised an option year for Versar's ongoing Personal Services and Support contract in Iraq.
One issue is the standard option year on all CFL contracts.