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World Bank |
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World BankA multilateral development finance agency created by the 1944 Bretton Woods, (New Hampshire) negotiations. It makes loans to developing countries for social overhead capital projects that are guaranteed by the recipient country. See: International Bank for Reconstruction and Development.World Bank Similar MatchesWorld Equity Benchmark Series (WEBS)World Equity Benchmark Series (WEBS)The World Equity Benchmark Series are similar to SPDRs. WEBS trade on the AMEX, and track the Morgan Stanley Capital International (MSCI) country indexes. WEBS are available for: Australia, Austria, Belgium, Canada, France, Germany, Hong Kong, Italy, Japan, Malaysia Free, Mexico, the Netherlands, Singapore, Spain, Sweden, Switzerland, and the United Kingdom. Third WorldThird WorldRefers to all less developed countries as a group. Term originated during the Cold War, when the "first world" was the developed capitalist countries and the "second world" was the communist countries, although these terms were seldom used. World priceWorld priceThe price of a good on the "world market," meaning the price outside of any country's borders and therefore exclusive of any trade taxes or subsidies that might apply crossing a border into a country but inclusive of any that might apply crossing out of a country. Salomon Brothers World Equity Index (SBWEI)Salomon Brothers World Equity Index (SBWEI)A top-down, float capitalization-weighted index used to measure the performance of fixed-income and equity markets. It includes approximately 6000 companies in 22 countries. World investible wealthWorld investible wealthThe part of world wealth that is traded and is therefore accessible to investors. Further SuggestionsIntegrated World EconomySociety for Worldwide Interbank Financial Telecommunications (SWIFT) Morgan Stanley Capital International World Index Borderless world Society for Worldwide Interbank Financial Telecommunications Salomon Brothers Non US Dollar World Government Bond Index World Trade Organization (WTO) |
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