The World Bank: Definition and Activity Essay

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Introduction

The World Bank has always changed its meaning in different social contexts, there is need to explain the different meanings and discuss how the different contexts influence these meanings. These different senses of the World Bank have ended up giving different interpretations depending on the user. Since the vague concept of these differences is evident it may be difficult to make a precise judgment (Kennedy and Aaron 15). In some cases the useful distinction of the word may not turn out as expected.

In other words the World Bank has been used to mean different things in different social contexts. This word can be used to mean a financial institution. This is more so when one is referring to an institution that is known to people as a provider of financial services. It can also be used to mean a building where a financial institution offers services to its customers. Here it may be used to refer to a place where customers and consumers go to get financial services from their financial providers.

In this context, the meaning may mostly centre on the physical place that the financial institution is located. On the other hand it can also be used as a synonym of relying upon. This is used in friendship issues when one of the friends is having a problem. It may as well sound as an assurance that one should expect assistance. This paper will therefore focus on explaining the different meanings that come from the World Bank.

The different meanings will be explained in paragraphs and illustrate the topic sentence in detail using examples. In the long run these will describe the different social contexts associated with the meanings above.

Discussion

The World Bank can be used to refer to a financial institution, thereby the need to explain this different social context that it can be applied in. It is used in cases where one is referring to an institution that offers financial services. In this case it can be said to be a financial intermediary that accepts deposits from customers and channels them to lending.

This is more relevant in a context where one is referring to the services that they will get from the institution. In the long run it will be able to connect different customers. It can also mean the whole industry, more so, as far as the government is concerned. Every country has banking institutions that offer financial services to the public. The definition can also vary from country to country. This definition will ultimately influence the use of this word in a different scenario.

There is need to explain the use of the World Bank as a building where financial services are offered to customers. In addition, it refers to a place where customers and consumers go to get financial services from their financial providers. Banks are secure places where people keep their money and assets. They also go there physically to be served. This definition is mostly used when one is referring to a place that he/she goes to get financial services. Most banks are located in urban areas or centers which serve as central locations that can be accessed by all the customers. In trying to reach as many customers as possible they have branches which form an integral part of the definition.

In a different social context the World Bank can also be used as a synonym of relying upon. This brings out a different meaning in a social perspective (mostly friendship issues). It tends to derive this theme from a security point of view. A person can use the World Bank to tell a friend that though he/she is having problems they can bank on him/her to be with them. It will mostly be useful in cases where one has to rely on another but the assurance should come from the person to provide whatever it is that is needed.

It can also be used as a homonym like river bank. This is the area besides a river or a slope that immediately borders a stream course along which the water normally flows. In this case the word will be used when one is referring to rivers and any other thing that relates to it. More so this is used in farming in trying to explain the activities that take place there.

Conclusion

Although the World Bank has different meanings it can be explained from a verb and noun point of view. It can also be used as a homonym like river bank. This is the area besides a river or a slope that immediately borders a stream course along which the water normally flows.

As a verb it can also mean to form a heap. It might also be used in aeronautics to mean to tip or incline an airplane laterally. These different senses of the World Bank have ended up giving different interpretations depending on the user. Since the vague concept of these differences is evident it may be difficult to make a precise judgment.

Works Cited

Kennedy, Dorothy and Aaron, Jane. The Bedford Reader. Bedford: St Martins.2008.

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IvyPanda. (2021, December 28). The World Bank: Definition and Activity. https://ivypanda.com/essays/the-world-bank-definition-and-activity/

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"The World Bank: Definition and Activity." IvyPanda, 28 Dec. 2021, ivypanda.com/essays/the-world-bank-definition-and-activity/.

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IvyPanda. (2021) 'The World Bank: Definition and Activity'. 28 December.

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IvyPanda. 2021. "The World Bank: Definition and Activity." December 28, 2021. https://ivypanda.com/essays/the-world-bank-definition-and-activity/.

1. IvyPanda. "The World Bank: Definition and Activity." December 28, 2021. https://ivypanda.com/essays/the-world-bank-definition-and-activity/.


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IvyPanda. "The World Bank: Definition and Activity." December 28, 2021. https://ivypanda.com/essays/the-world-bank-definition-and-activity/.

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