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World Bank   /wərld bæŋk/   Listen
World Bank

noun
1.
A United Nations agency created to assist developing nations by loans guaranteed by member governments.  Synonyms: IBRD, International Bank for Reconstruction and Development.





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"World bank" Quotes from Famous Books



... - recipient This entry, which is subject to major problems of definition and statistical coverage, refers to the net inflow of Official Development Finance (ODF) to recipient countries. The figure includes assistance from the World Bank, the IMF, and other international organizations and from individual nation donors. Formal commitments of aid are included in the data. Omitted from the data are grants by private organizations. Aid comes in various forms including outright grants and loans. The entry thus is the difference between ...
— The 2001 CIA World Factbook • United States. Central Intelligence Agency.


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