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Share Market Terms , Definition and Meaning - Alphabetical LISTING - A, B, C, D, E, F, G, H, I, J, K, L, M, N, O, P, Q, R, S, T, U, V, W, Y, Z
IBRD International Bank for Reconstruction and Development, also known s the World Bank. An agency of the United Nations, it was established in 1945 with object of financing postwar reconstruction and help raise the standard of living of he developing countries. It gives loans to governments and guarantees outside loans. Its funds are raised from contributions of member countries and bonds issued in the money markets. In sanctioning loans the bank examines the financial health of the recipient country, and may insist on change in the economic policy pursued by its government, the long – tem objective being making the recipient country economically developed and loan – independent.
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Share Market Terms , Definition and Meaning - Alphabetical LISTING - A, B, C, D, E, F, G, H, I, J, K, L, M, N, O, P, Q, R, S, T, U, V, W, Y, Z
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