WORLD BANK Definition & Meaning

World Bank

noun

an international bank established in 1944 to help member nations reconstruct and develop, especially by guaranteeing loans: a specialized agency of the United Nations.

World Bank

noun

Officially called: International Bank for Reconstruction and Development.��an international cooperative organization established in 1945 under the Bretton Woods Agreement to assist economic development, esp of backward nations, by the advance of loans guaranteed by member governments

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The global economy will see the slowest decade for global growth since the 1960s as the effect of Donald Trump's tariffs are felt, the World Bank has predicted.

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The BBC has asked the Ugandan government and the World Bank for further comment.

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The 1960 treaty, brokered by the World Bank, governs water sharing of six rivers in the Indus basin between the two countries.

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There was also some relief that the US remained engaged with the World Bank and IMF.

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Over the years, Pakistan and India have pursued competing legal avenues under the treaty brokered by the World Bank.

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world World Bank Group

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World Bank

noun

noun

Example Sentences