World Bank

noun

1. an international bank established in 1944 to help member nations reconstruct and develop, especially by guaranteeing loans: a specialized agency of the United Nations.

World Bank

noun

1. an international cooperative organization established in 1945 under the Bretton Woods Agreement to assist economic development, esp of backward nations, by the advance of loans guaranteed by member governments Officially calledInternational Bank for Reconstruction and Development

Example Sentences

The value of Mexico’s exports and imports amounts to almost 90% of the country’s gross domestic product, according to World Bank data.

From Los Angeles Times

More than one in four of the working population is unemployed, with an even higher proportion among younger people, according to the World Bank.

From BBC

President Sandu – a former World Bank economist first elected on a promise to clean up corruption – then steered Moldova much more sharply towards the West.

From BBC

While Senegal recorded a solid economic performance during the decade from 2010, more than a third of the country still lives in poverty, according to the World Bank.

From BBC

Nearly two-thirds of the population was in poverty, according to the World Bank, and thousands lived in UN-run refugee camps but it also had hospitals, schools and shops.

From BBC