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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.


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

"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

Example Sentences

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About 800,000 Kenyans join the labour market each year, according to the World Bank.

From Barron's Jul. 14, 2026

Goonism is driven by desperation in an economy where some 800,000 enter the labour market each year for just 100,000 jobs in the formal sector, according to the World Bank.

From Barron's Jul. 13, 2026

The approach follows a path blazed by the World Bank and, most recently, the Asian Infrastructure Investment Bank.

From The Wall Street Journal Jul. 7, 2026

Gold and gas-driven economic growth in Papua New Guinea, the South Pacific's largest nation, is leaving its people behind, the World Bank said on Thursday.

From Barron's Jul. 2, 2026

On our flight to Moscow, Farmer told me that the World Bank was planning to make a loan to Russia to help prevent a full-blown TB epidemic.

From "Mountains Beyond Mountains" by Tracy Kidder and Michael French

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