International Bank for Reconstruction and Development

International Bank for Reconstruction and Development
( IBRD)
IBRD or World Bank makes loans at nearly conventional terms to countries for projects of high economic priority. Bloomberg Financial Dictionary

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International Bank for Reconstruction and Development ˌInternational ˌBank for Reconˌstruction and Deˈvelopment abbreviation IBRD also World Bank noun ECONOMICS ORGANIZATIONS
an organization that makes loans to countries in order to encourage economic development

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   ► See World Bank.

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International Bank for Reconstruction and Development UK US noun (ABBREVIATION IBRD)
BANKING, ECONOMICS, POLITICS one of the five international organizations that now make up the World Bank. The main aim of the International Bank for Reconstruction and Development is to provide loans and other financial services to poorer countries, in order to encourage development.
See also THE WORLD BANK(Cf. ↑the World Bank)

Financial and business terms. 2012.

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Look at other dictionaries:

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