World Bank

noun

an international bank established in 1944 to help member nations reconstruct and develop, especially by guaranteeing loans: a specialized agency of the United Nations.

Official name International Bank for Reconstruction and Development.

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

British Dictionary definitions for international bank for reconstruction and development

International Bank for Reconstruction and Development

noun

the official name for the World Bank Abbreviation: IBRD

World Bank

noun

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 governmentsOfficially called: International Bank for Reconstruction and Development

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

Word Origin and History for international bank for reconstruction and development

world bank

1930, originally of the Bank for International Settlements, set up in Basle by the League of Nations. The modern World Bank was created in 1944.