World Bank

American  

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.

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World Bank British  

noun

1. 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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Example Sentences

“We need to increasingly think whether the economy’s potential growth has been increasing,” said Ayhan Kose, the deputy chief economist at the World Bank.

From MarketWatch

The World Bank expects the U.S. economy to grow a little faster this year, by 2.2%.

From The Wall Street Journal

Last year, Lebanon signed a $250 million deal with the World Bank to modernise the sector.

From Barron's

Venezuela flares more gas from its oil fields than any other country for each barrel of oil produced, according to the World Bank.

From The Wall Street Journal

World Bank chief Kristalina Georgieva, speaking on the same stage, urged countries for her part to focus more on boosting growth as the risks of rising sovereign debt grow.

From Barron's