IFC
Definition
Noun: 1. International Finance Corporation: A specialized agency of the United Nations that provides investment, advisory, and asset management services to encourage private sector development in developing countries. It is a member of the World Bank Group.
Usage
The term IFC is used as a proper noun, specifically an acronym, to refer to this international financial institution. * The IFC focuses on sustainable private sector investment in emerging markets. * A company secured funding from the IFC to expand its operations in South Asia. * The report was published by the International Finance Corporation (IFC).
Advanced Usage
- The acronym IFC is often used attributively to describe things related to the corporation, such as IFC standards, IFC funding, or an IFC project.
Variants and Related Words
- International Finance Corporation: The full, formal name of the organization.
- World Bank Group: The parent organization of five institutions, including the IFC. The others are the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the Multilateral Investment Guarantee Agency (MIGA), and the International Centre for Settlement of Investment Disputes (ICSID).
Synonyms
- There are no direct synonyms for IFC as a proper noun. In context, it can be described as a development finance institution or a member of the World Bank Group.
Noun
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a United Nations agency that invests directly in companies and guarantees loans to private investors; affiliated with the World Bank
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