World Bank

World Bank
noun
a United Nations agency created to assist developing nations by loans guaranteed by member governments
Hypernyms: ↑United Nations agency, ↑UN agency

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an international bank established in 1944 to help member nations reconstruct and develop, esp. by guaranteeing loans: a specialized agency of the United Nations. Official name, International Bank for Reconstruction and Development.

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World Bank noun
The popular name of the International Bank for Reconstruction and Development, an agency of the United Nations set up in 1945 to make loans to poorer countries
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Main Entry:world

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World Bank,
an international bank (officially called the International Bank for Reconstruction and Development) founded in 1944 to aid war-shattered economies, now lending money for development projects.

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an international banking organization established to control the distribution of economic aid among member nations, and to make loans to them in times of financial crisis. See also International Bank for Reconstruction and Development

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the ˌWorld ˈBank 7 [World Bank] noun singular
an international organization that lends money to countries who are members at times when they are in difficulty and need more money

Useful english dictionary. 2012.

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Look at other dictionaries:

  • World Bank — logo Type International organization Legal status Treaty Purpose/focus Crediting …   Wikipedia

  • World Bank — n. A financial institution that exists to reduce global poverty by providing loans to help poor nations develop. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008. World Bank …   Law dictionary

  • world bank — 1930, originally of the Bank for International Settlements, set up in Basle by the League of Nations. The modern World Bank was created in 1944 …   Etymology dictionary

  • World Bank — World Bank, the an organization that is part of the ↑UN (United Nations), which lends money to poorer countries so that they can develop their farming, industry, and health and education systems. Its official name is the International Bank for… …   Dictionary of contemporary English

  • World Bank — World′ Bank′ n. gov a specialized agency of the United Nations that furthers the economic development of member nations, chiefly through guaranteed loans Official name, International Bank for Reconstruction and Development …   From formal English to slang

  • World Bank — n. an agency of the United Nations, established in 1945 to make loans to member nations: official name International Bank for Reconstruction and Development …   English World dictionary

  • World Bank — an international bank established in 1944 to help member nations reconstruct and develop, esp. by guaranteeing loans: a specialized agency of the United Nations. Official name, International Bank for Reconstruction and Development. * * *… …   Universalium

  • World Bank — Всемирный банк World Bank Banque mondiale Banco Mundial Weltbank логотип Всемирного банка Членство …   Википедия

  • World Bank — A multilateral development finance agency created by the 1944 Bretton Woods, New Hampshire negotiations. It makes loans to developing countries for social overhead capital projects, which are guaranteed by the recipient country. See:… …   Financial and business terms

  • World Bank — A specialized agency of the United Nations. Headquartered in Washington, DC, the World Bank Group consists of five divisions: the International Bank for Reconstruction and Development (established in 1945, a year after the Bretton Woods… …   Auditor's dictionary

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