Commodities Stock Glossary World bank finance agency

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Commodities & Stock Glossary: World Bank

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Term:

World Bank

Definition:

A multilateral development Finance agency created by the 1944 Bretton Woods, (New Hampshire) negotiations. It makes loans to developing countries for social overhead Capital projects that are guaranteed by the recipient country. See: International Bank for Reconstruction and Development.

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5/16/2012 - SV2