Multilateral Development Bank - MDB

AAA

DEFINITION of 'Multilateral Development Bank - MDB'

A financial institution that provides financing for national development. The bank is formed by a group of countries, consisting of both donor and borrowing nations. Furthermore, an MDB offers financial advice regarding development projects.

INVESTOPEDIA EXPLAINS 'Multilateral Development Bank - MDB'

The best-known multilateral development bank is the Word Bank, which extends loans and credits to a plethora of countries. Other popular MDBs include the African Development Bank and the Asian Development Bank.

RELATED TERMS
  1. African Development Bank - ADB

    A financial institution comprising 53 African and 24 non-African ...
  2. Asian Development Bank

    Founded in 1966, its headquarters are in Manila, Philippines. ...
  3. World Trade Organization - WTO

    An international organization dealing with the global rules of ...
  4. International Monetary Fund - IMF

    An international organization created for the purpose of: 1. ...
  5. Globalization

    The tendency of investment funds and businesses to move beyond ...
  6. Organization for Economic Cooperation ...

    A group of 30 member countries that discuss and develop economic ...
Related Articles
  1. Personal Finance

    What Is International Trade?

  2. Economics

    Globalization: Progress Or Profiteering?

  3. Economics

    What Is The World Trade Organization?

  4. Personal Finance

    What Is The Bank For International Settlements?

Hot Definitions
  1. Conduit Issuer

    An organization, usually a government agency, that issues municipal securities to raise capital for revenue-generating projects ...
  2. Financing Entity

    The party in a financing arrangement that provides money, property, or another asset to an intermediate entity or financed ...
  3. Hyperinflation

    Extremely rapid or out of control inflation. There is no precise numerical definition to hyperinflation. Hyperinflation is ...
  4. Gross Rate Of Return

    The total rate of return on an investment before the deduction of any fees or expenses. The gross rate of return is quoted ...
  5. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
  6. Leading Indicator

    A measurable economic factor that changes before the economy starts to follow a particular pattern or trend. Leading indicators ...
Trading Center