Meaning of the word "development bank" in English
What does "development bank" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
development bank
US /dɪˈvel.əp.mənt bæŋk/
UK /dɪˈvel.əp.mənt bæŋk/
Noun
an organization, often international, that provides financial and technical assistance for the economic development of developing countries
Example:
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The World Bank is a well-known development bank.
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Many African nations receive funding from development banks.
Related Word: