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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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That marks a sea change from five years ago, when $92.5 billion of World Bank financing was paired with $24.4 billion of private capital.

From The Wall Street Journal Sep. 17, 2026

Laos exported around two-thirds of its total generated electricity in 2023, according to the World Bank, but experts say that figure is now even higher.

From Barron's Sep. 13, 2026

At times, Laos has struggled to provide power to its neighbours and finds itself importing energy, at significant cost, according to a recent World Bank report.

From Barron's Sep. 13, 2026

After that, further work was initiated to assess flooding risks, a World Bank spokesman said.

From The Wall Street Journal Sep. 9, 2026

The good news was that the World Bank loan would provide for staff and medicine.

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

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