International Bank for Reconstruction and Development


Also found in: Dictionary, Thesaurus, Legal, Acronyms, Encyclopedia, Wikipedia.
Related to International Bank for Reconstruction and Development: International Development Association, Multilateral Investment Guarantee Agency

International Bank for Reconstruction and Development (IBRD)

Also commonly called the World Bank. It is a United Nations affiliated institution that assists in the development of its poorer members by facilitating private investments, and by making and guaranteeing loans.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

International Bank for Reconstruction and Development

A division of the World Bank that provides loans to governments and public organizations in developing countries in order to alleviate poverty. Founded in 1946, it was established to rebuild Europe and Asia after World War II. It loans money for infrastructural, business, and environmental development worldwide. It charges developing countries low interest rates, raising its funds from bonds issued to governments and institutions. See also: International Monetary Fund.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

International Bank for Reconstruction and Development

see WORLD BANK.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson

International Bank for Reconstruction and Development

see WORLD BANK.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
References in periodicals archive ?
Yes, the eleven countries Lerrick cites received about 70 percent of new International Bank for Reconstruction and Development (IBRD) commitments during the 1993-99 period.
Financial browser ?
Full browser ?