Meaning of “bloc” in the English Dictionary

"bloc" in American English

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blocnoun [ C ]

us /blɑk/

politics & government a group of countries or people that have similar goals and work together to achieve them:

(Definition of “bloc” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"bloc" in Business English

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blocnoun [ C ]

uk /blɒk/ us

ECONOMICS, POLITICS a group of countries who share the same economic and financial aims, and who do business with each other with reduced taxes:

EU heads of state agreed on the bloc's environmental goals at a meeting on March 9.
trade/trading bloc They would like to turn Europe and North America into a single trading bloc.

FINANCE a currency bloc

(Definition of “bloc” from the Cambridge Business English Dictionary © Cambridge University Press)