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.

British Dictionary definitions for world bank

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 governments Officially called: International Bank for Reconstruction and Development