World Bank


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: International Bank for Reconstruction and Development. The New York Times Financial Glossary
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A multilateral development finance agency created by the 1944 Bretton Woods, (New Hampshire) negotiations ( Bretton Woods Agreement). It makes loans to developing countries for social overhead capital projects that are guaranteed by the recipient country. Bloomberg Financial Dictionary
See: International Bank for Reconstruction and Development. Bloomberg Financial Dictionary

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World Bank ˌWorld ˈBank noun
the World Bank ECONOMICS ORGANIZATIONS a group of five organizations based in Washington D.C. and linked to theUnited Nations that gives financial help and advice toDeveloping Countries:

• The dams, funded by the World Bank, were among many ambitious projects to open up the Amazon.

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   The World Bank is an agency for channelling aid funds to poor countries for medium- and long-term projects. The Bank raises funds by selling bonds on world capital markets and makes loans from its own resources.
   ■ www.worldbank.org
   ► See also Bretton Woods.

Financial and business terms. 2012.

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 — noun a United Nations agency created to assist developing nations by loans guaranteed by member governments • Syn: ↑International Bank for Reconstruction and Development, ↑IBRD • Hypernyms: ↑United Nations agency, ↑UN agency * * * an… …   Useful english dictionary

  • 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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