an international cooperative organization established in 1945 under the Bretton Woods Agreement to assist economic development, esp of developing countries, by the advance of loans guaranteed by member governments
Officially called: International Bank for Reconstruction and Development
World Bank in American English
an agency of the United Nations, established in 1945 to make loans to member nations
official name International Bank for Reconstruction and Development
Examples of 'World Bank' in a sentence
World Bank
He said he'd done everything the IMF and the World Bank had told him to, yet all he got was chicken feed.
Dexter Petley WHITE LIES (2003)
Yet we get no money from World Bank, only the excuses of the rich.