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 Glossary   >   W   >   "World Bank" Definition   

        World Bank

A multilateral development finance agency created by the 1944 Bretton Woods, New Hampshire negotiations. It makes loans to developing countries for social overhead capital projects, which are guaranteed by the recipient country. See: International Bank for Reconstruction and Development.

World Bank


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World Bank - A multilateral development finance agency created by the 1944 Bretton Woods, New Hampshire negotiations. It makes loans to developing countries for social overhead capital projects, which are guaranteed by the recipient country. See: International Bank for Reconstruction and Development.


World Bank : a multilateral development finance agency created by the 1944 bretton woods, new hampshire negotiations. it makes loans to developing countries for social overhead capital projects, which are guaranteed by the recipient country. see: international bank for reconstruction and development.