The World Bank.
THE WORLD BANK, a multilateral mul·ti·lat·er·al
adj.
1. Having many sides.
2. Involving more than two nations or parties: multilateral trade agreements. lending institution Noun 1. lending institution - a financial institution that makes loans
financial institution, financial organisation, financial organization - an institution (public or private) that collects funds (from the public or other institutions) and invests them in , approved a US$300 million loan for Mexico Mexico, city, Mexico
Mexico or Mexico City, Span. Ciudad de México (Méjico), city (1990 pop. 8,236,960; 1991 met. area est. 20,899,000), central Mexico, capital and largest city of Mexico. to finance various economic-growth programs. The country will have 15 years to pay off the loan, which carries a five-year grace period.
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