World Bank Group
/ˈwɜrld bæŋk ɡruːp/
Definitions
- (n.) An international financial institution comprising five organizations that provide loans and grants to countries for development projects and policy advice.
The World Bank Group funds infrastructure projects to combat poverty in developing nations.
Forms
- world bank group
Related terms
See also
Commentary
The World Bank Group is often referenced in legal contexts involving international development financing, sovereign loan agreements, and governance of multilateral organizations.
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.