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Wafd

[ wahft ]

noun

  1. a nationalist party in Egypt.


Wafd

/ wɒft /

noun

  1. a nationalist Egyptian political party: founded in 1924 and dissolved in 1952
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Derived Forms

  • ˈWafdist, nounadjective
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Other Words From

  • Wafdist noun adjective
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Word History and Origins

Origin of Wafd1

< Arabic: literally, deputation
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Word History and Origins

Origin of Wafd1

Arabic: deputation
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Example Sentences

Two weeks later, Seattle-based WaFd Bank announced it had received approval for a previously announced $654 million acquisition of Luther Burbank Savings of Santa Rosa, Calif., which, like HomeStreet, had struggled under rising rates.

WaFd and HomeStreet are two very different banks.

WaFd, which was founded in 1917 as Ballard Savings and Loan, has more than 200 branches in eight Western states, including more than 70in Washington, and nearly $23 billion in assets.

For WaFd Bank, meanwhile, the interest rate chaos resulted in a buying opportunity.

For starters, WaFd Bank was less vulnerable to rate hikes: Back in 2005, the bank began moving away from fixed-rate loans and toward more variable-rate commercial loans, said CEO Brent Beardall.

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Wafwafer