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Definitions from WordNet

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World Bank

Noun: The World Bank is an international financial institution that provides loans and grants to the governments of poorer countries for the purpose of pursuing capital projects.

Example Sentence: The World Bank has approved a loan of $1 billion to support the country's infrastructure development.

Noun: The World Bank Group consists of five institutions that provide financial and technical assistance to developing countries.

Example Sentence: The member countries of the World Bank meet regularly to discuss global economic issues.

Noun: The World Bank is often referred to as the Bank or the WB.

Example Sentence: Many low-income countries rely on funding from the World Bank to support their development projects.

Noun: The World Bank is headquartered in Washington, D.C.

Example Sentence: The President of the World Bank will be giving a speech at the conference tomorrow.

Related Products: Books about World Bank, Economics books