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international bank for reconstruction and development

 

Definitions from WordNet

Noun has 1 sense
  1. -
    --1 is a kind of
    United Nations agency, UN agency

Definitions from the Web

International Bank for Reconstruction and Development

Description:

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.

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