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What does World Bank mean?

Looking for the meaning or definition of the word World Bank? Here's what it means.

Proper noun
  1. A group of five financial organizations whose purpose is economic development and the elimination of poverty.
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Examples
According to the World Bank, Beijing and Mexico City have the most severe air pollution of all the world's major cities.
He means the military machine of NATO, multinational companies, and institutions like the International Monetary Fund and World Bank.
The IMF and the World Bank find him a ridiculous figure, jetting around the world while his people starve.
I have a vivid recollection of a World Bank staffer in 1992 hectoring the Minister of Agriculture of Albania, waggling her finger in his face.
According to World Bank, 30 per cent of deaths due to accidents can be avoided if better emergency medical facilities are provided.
The IMF and World Bank have been advocating financial liberalisation for developing countries.

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