Definitions for world bank
world bank

Princeton's WordNetRate this definition:0.0 / 0 votes

1. International Bank for Reconstruction and Development, World Bank, IBRDnoun

   a United Nations agency created to assist developing nations by loans guaranteed by member governments

WiktionaryRate this definition:0.0 / 0 votes

1. World Banknoun

   A group of five financial organizations whose purpose is economic development and the elimination of poverty.

WikipediaRate this definition:0.0 / 0 votes

1. World Bank

   The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), two of five international organizations owned by the World Bank Group. It was established along with the International Monetary Fund at the 1944 Bretton Woods Conference. After a slow start, its first loan was to France in 1947. In the 1970s, it focused on loans to developing world countries, shifting away from that mission in the 1980s. For the last 30 years, it has included NGOs and environmental groups in its loan portfolio. Its loan strategy is influenced by the United Nations' Sustainable Development Goals, as well as environmental and social safeguards. As of 2022, the World Bank is run by a president and 25 executive directors, as well as 29 various vice presidents. IBRD and IDA have 189 and 174 member countries, respectively. The U.S., Japan, China, Germany and the U.K. have the most voting power. The bank aims loans at developing countries to help reduce poverty. The bank is engaged in several global partnerships and initiatives, and takes a role in working toward addressing climate change. The World Bank operates a number of training wings and it works with the Clean Air Initiative and the UN Development Business. It works within the Open Data Initiative and hosts an Open Knowledge Repository. The World Bank has been criticized as promoting inflation and harming economic development, causing protests in 1988 and 2000. There has also been criticism of the bank's governance and response to the COVID-19 pandemic.

ChatGPTRate this definition:0.0 / 0 votes

1. world bank

   The World Bank is an international organization that provides financial and technical assistance to developing countries for development projects (such as infrastructure, health, education) that are expected to improve the economic prospects and quality of life for people in those countries. Founded in 1944, it aims to reduce poverty by lending low-interest or interest-free funds for developmental programs. Its headquarters are in Washington D.C., and it is made up of two institutions: the International Bank for Reconstruction and Development and the International Development Association.

WikidataRate this definition:0.0 / 0 votes

1. World Bank

   The World Bank is an international financial institution that provides loans to developing countries for capital programs. The World Bank's official goal is the reduction of poverty. According to its Articles of Agreement, all its decisions must be guided by a commitment to the promotion of foreign investment and international trade and to the facilitation of capital investment. The World Bank comprises two institutions: the International Bank for Reconstruction and Development and the International Development Association. The World Bank should not be confused with the World Bank Group, which comprises the World Bank, the International Finance Corporation, the Multilateral Investment Guarantee Agency, and the International Centre for Settlement of Investment Disputes.

Editors ContributionRate this definition:0.0 / 0 votes

1. world bank

   A type of public bank and community bank authority within the united nations with the role, responsibility and legal authority to cocreate international community bank policy and to ensure their community bank guidance is implemented by all member countries and national unity governments of the world in the form of community bank creation through philanthropy and community bank investment supervision. The bank focuses on international community bank development, international community bank financial agreements, international community bank investment guarantee agreements and other specific and accurate socialist community bank guidance, regulation and a range of community bank investment and socialist banking development guidelines, instructions, regulations and policies. The board of governors choose to focus on cocreating optimum health, human rights, right to life, shared prosperity for all, stability, socialist unity government, solidarity, cohesion, animal rights, right to housing, right to free education, right to parent, right to free preschool education, right to a standard of living, right to internet access, economic stability, financial stability, civil rights, equal rights, equal opportunities, employment rights, childrens rights, sustainable development, sustainable development goals, united partnership, multi-party working, community empowerment systems, redistribution of wealth, fairness and justness across society, the country, europe and the world and contribute to the cocreation of international and national peace agreements, peace treaties, the universes truth and a fair, just and transparent system of checks and balances

   The World Bank is an international bank and a facet of the United Nations.

   
   

   Submitted by MaryC on January 30, 2021  

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1. world bank

   Quotes by world bank -- Explore a large variety of famous quotes made by world bank on the Quotes.net website.

Matched Categories

1. • United Nations Agency

How to pronounce world bank?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say world bank in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of world bank in Chaldean Numerology is: 5

2. Pythagorean Numerology

   The numerical value of world bank in Pythagorean Numerology is: 1

Examples of world bank in a Sentence

1. Scott Morris:

   David Malpass will have a lot of work to do to convince other shareholders that he is prepared to move beyond his past statements and track record when it comes to the World Bank's agenda.

2. Baikuntha Aryal:

   The AIIB is specifically for infrastructure so we see it as a supplement to projects in Nepal funded by the ADB (Asian Development Bank) and World Bank.

3. Zhou Xiaochuan:

   As for how it will be similar to global funds, it is somewhat like the World Bank's IFC (International Finance Corp), the African Development Bank's mutual development fund and the China Africa Development Fund, what is different is that those funds are financed by a handful of investors instead of raising funds from the public.

4. Philip Alson:

   For most purposes, the World Bank is currently a human rights-free zone. In its operational policies, in particular, it treats human rights more like an infectious disease than universal values and obligations.

5. Ian Taylor:

   Western companies and organizations such as World Bank weren't offering money for that type of stuff.

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=world bank
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/World_Bank
3. ^ Wikipedia
   https://en.wikipedia.org/wiki/World_Bank
4. ^ ChatGPT
   https://chat.openai.com
5. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=world bank