World Bank


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World Bank

n
(Banking & Finance) 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. Officially called: International Bank for Reconstruction and Development
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

World′ Bank′


n.
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.
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.

World Bank

An international cooperative financial organization that gives loans to developing countries.
Dictionary of Unfamiliar Words by Diagram Group Copyright © 2008 by Diagram Visual Information Limited
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.World Bank - a United Nations agency created to assist developing nations by loans guaranteed by member governments
UN agency, United Nations agency - an agency of the United Nations
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in periodicals archive ?
The World Bank announced last July that it was placing Iran's loans in non-performing status, as it must do when a country has not made any payments for more than half a year.
The Iranian official underlined that Iran aims to improve its relations and cooperation with the World Bank, and announced that the country has paid all installment of old loans received from the international finance body.
For the first time in Kazakhstan, the e-Library offers full-text access to the complete backlist of all books, working papers, and articles of the World Bank Research Observer and World Bank Economic Review.
World Bank Vice President for the Middle East and North Africa(MENA)IngerAndersenleft CairoThursday,after arrivingWednesdayfrom Yemen, reaffirming during the visit the World Bank's "support to different deprived sectors of the Egyptian economy".
Zoellick, who will be making his first visit as World Bank president to the region, will meet Prime Minister Salam Fayyad as well as Israeli Prime Minister Benjamin Netanyahu and other officials and will give a talk at the annual Herzliya Conference on 'The Future of the Global Economy.' 'With the World Bank Group's deep engagement with the Middle East and North Africa, I am looking forward to visiting Israel and Palestinian Authority to find out more about development challenges,' said Zoellick.
Aa Within the framework of the World Bank World Bank ' sub-regional consultations to achieve the environmental sustainability of the World Bank World Bank 's Group, the World Bank World Bank and the International Finance Cooperation held on Tuesday in collaboration with the Tunisian Ministry of Environment and Sustainable Development, a regional workshop in Tunis on " the 2010 Environmental Strategy of World Bank World Bank 's Group".
The World Bank has granted the Palestinian Authority of President Mahmoud Abbas $64 million to help it build state institutions, the Beirut daily AN NAHAR reported Monday.
The average commitment during the last four financial years from the World Bank has been around $ 2.3 billion.
The launch of the Urban Hub follows last year's signing of a Memorandum of Understanding (MOU) on expanding cooperation around urban solutions between the World Bank and Singapore by World Bank President, Mr.
He explained that the World Bank is also helping Mexico with the lessons learned from other similar experiences in fighting SARS and Avian Flu.
The young trainees will take courses from World Bank experts from Washington, Nairobi, Addis Ababa, Khartoum and Juba, in subjects including Ethics in Workplace, Cross Cultural Communication, Basic Administrative Procedures, Time Management, Project Cycle, Writing Memos and E-mails.
Some of the major recipients of IMF and World Bank aid over a number of years in Africa, like Sierra Leone, Liberia, and Somalia, later became failed states.

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