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World Bank Group
A vast financial resource owned and controlled by its membership of over 180 countries. The purpose of the bank, established in 1944, is to provide loans and economic advice to its member countries. In 2001, the bank provided over 17.3 billion dollars in loans to over 100 different developing nations.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: History
- Category: World history
- Educational Institution: New York State Board of Regents
- Product: Regents Exams
- Acronym-Abbreviation:
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