Skip to main content
Glite Dictionary
💻 Android control tool 🏦 Asian bank
ADB

ADB

1 4.6
A regional bank that gives loans and help to countries in Asia and the Pacific
  • noun
: Banco Asiático de Desarrollo
  • The country's major economic strength currently lies in exporting hydroelectric power to India; it provides 12 percent of gross domestic product and 45 percent of national revenue (ADB 2008).
  • ADB (Asian Development Bank)
  • ADB Bank

Examples

  • According to the ADB report 2016 "The Asia 2050," if Asia continues with the same growth trajectory, it could achieve a 52% share of world GDP by 2050.

    Academic text (2018)

  • In 1999, several Asian countries, under the leadership of the Asian Development Bank (ADB) and the OECD, united to form the Asian-Pacific Anti-Corruption Initiative.

    Academic text (2018)

  • In April 1988, an official delegation was sent to Manila to attend the annual ADB meeting under the name "Taipei, China."

    Academic text (1991)

  • And, as the development bank in charge of the Asia-Pacific region, ADB may arguably be the best institution to undertake such a research endeavor.

    Academic text (1995)

  • The Asian Development Bank (ADB) conducted an exhaustive review of the Regional Development Planning process and noted that the process of planning had been greatly overlooked in the interests of arriving at a list of projects or outputs.

    Academic text (2006)

  • But, even with the well-publicized slowdown of business activity in China, the Asian Development Bank (ADB) recently announced that China's GDP growth would be 7.7 percent for the year, compared to 9.24 percent for last year.

    Blog text (15)

  • The Asian Development Bank (ADB) provides crucial financial support for infrastructure projects in developing countries across Asia.

  • Through its investment initiatives, ADB aims to promote sustainable economic growth and reduce poverty in the Asia-Pacific region.

  • In recent years, ADB has emphasized the importance of environmental sustainability in its funding strategies.

Surface Forms

ADB singular
ADBs plural

Morphology

ADB = A + D + B

ADB is an acronym/initialism; the letters themselves do not indicate 'Asian', 'Development', or 'Bank' without knowledge of the expansion, so the form is not useful for learners to infer meaning.

Etymology

ADB stands for Asian Development Bank, where Development means 'growth' and Bank means 'a place that gives loans', so you can think of it as a bank that helps countries grow. So, ADB is a regional bank that gives money and technical help to countries in Asia and the Pacific.