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Related to World Bank: IMF
(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
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.
An international cooperative financial organization that gives loans to developing countries.
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|Noun||1.||World Bank - a United Nations agency created to assist developing nations by loans guaranteed by member governments|