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

Total employment fell by nearly 2 million in 2024, according to the World Bank.

From The Wall Street Journal

This is not correct, according to World Bank data.

From BBC

Total employment in Bangladesh fell by nearly two million in 2024 from the previous year, according to the World Bank.

From The Wall Street Journal

The World Bank estimates that crime costs South Africa’s economy at least 10% of gross domestic product annually, including stolen property, the extra costs of security and insurance, and missed economic opportunities.

From The Wall Street Journal

Former World Bank president and Treasury official David Malpass would be a good, and confirmable, choice.

From The Wall Street Journal