Development Finance Institution
/ˌdɛv.əl.əp.mənt ˈfaɪ.næns ɪn.stɪˌtjuː.ʃən/
Definitions
- (n.) A financial institution established to provide capital and support for economic development projects, often in emerging or developing markets, with a mandate to promote sustainable growth and social development.
The development finance institution invested in renewable energy projects to stimulate economic growth in rural areas.
Forms
- development finance institution
- development finance institutions
Related terms
See also
Commentary
These institutions often blend public and private funding and may operate with different risk tolerances compared to commercial banks.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.