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World Bank

noun

  1. 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

  1. Officially called: International Bank for Reconstruction and Developmentan 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

“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

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