International Bank for Reconstruction and Development
noun (abbreviation IBRD)Definition
› 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
(Definition of International Bank for Reconstruction and Development noun from the Cambridge Business English Dictionary
© Cambridge University Press)
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