English version

World Bank, the

From Longman Dictionary of Contemporary EnglishWorld Bank, thethe World BankˌWorld ˈBank, the  an organization that is part of the un (United Nations), which lends money to poorer countries so that they can develop their farming, industry, and health and education systems. Its two main parts are the IBRD (International Bank for Reconstruction and Development) and the IDA (International Development Association). compare IMF, theFrom Longman Business DictionaryWorld BankˌWorld ˈBank noun the World BankECONOMICSORGANIZATIONS a group of five organizations based in Washington D.C. and linked to the United Nations that gives financial help and advice to developing countriesThe dams, funded by the World Bank, were among many ambitious projects to open up the Amazon.
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