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Definitions from the WebInternational Bank for Reconstruction and DevelopmentDescription:The International Bank for Reconstruction and Development (IBRD) is an international financial institution that offers loans and financial assistance to middle-income and creditworthy low-income countries. Established in 1944 and a part of the World Bank Group, the IBRD aims to reduce poverty and promote economic development by providing funding for various infrastructure projects and social programs. Senses and Usages:Sense 1:Noun - An international financial institution providing loans and financial assistance to middle-income and creditworthy low-income countries. Example sentence: The International Bank for Reconstruction and Development has played a crucial role in financing infrastructure projects in developing nations. Sense 2:Acronym (IBRD) - The abbreviation for the International Bank for Reconstruction and Development. Example sentence: The IBRD is one of the five institutions that make up the World Bank Group. Related Products: | ||||
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