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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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.