An international financial organization created after World War II, to assist developing countries and provide financing and economic assistence in order to aid in economic growth. The World Bank will provide loans and assist in training leaders of poor countries in order to promote economic stability, foreign investment and international trade.
Additional meaning of The World Bank:
The World Bank has a stated goal of reducing poverty. By law, all of its decisions must be guided by a commitment to promote foreign investment, international trade and facilitate capital investment.