ˌWorld 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

[TahlilGaran] Dictionary of Contemporary English ▲

World Bank
The World Bank is an integrated group of international institutions which provides financial and technical assistance to developing countries. The World Bank includes the International Bank for Reconstruction and Development and the International Development Association. World Bank affiliates, legally and financially separate, include the International Center for Settlement of Investment Disputes, the International Finance Corporation, and the Multilateral Investment Guarantee Agency. World Bank headquarters are in Washington, D.C.

[TahlilGaran] Acronyms and Abbreviations Dictionary ▲