WORLD BANK


Meaning of WORLD BANK in English

A multilateral development finance agency created by the 1944 Bretton Woods , New Hampshire negotiations. It makes loans to developing countries for social overhead capital projects, which are guaranteed by the recipient country. See: International Bank for Reconstruction and Development .

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.