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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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He was formerly lead energy specialist at the World Bank.

From The Wall Street Journal Aug. 21, 2026

More than 70 percent of its population of 22 million lives on less than $3 a day, according to the World Bank, despite the country also having significant potential in cobalt, nickel and manganese.

From Barron's Aug. 16, 2026

Rising food prices, unemployment and persistent poverty remain dominant concerns in a country where more than 70 percent of the population lives on less than three dollars a day, according to World Bank data.

From Barron's Aug. 10, 2026

According to a World Bank study, crashes already cost India an estimated 3-5% of its GDP each year through lost productivity, healthcare costs and disability.

From BBC Aug. 6, 2026

However, World Bank members, who came from many countries to meet in Moscow, were divided about the allocation.

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

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