IFC
4
6.7
- noun
:
IFC
- In fulfilling its role of lending to the private sector, the IFC has come under criticism in recent years for often promoting private sector growth without ensuring that poor people see significant gains.
- IFC (International Finance Corporation)
- IFC Corporation
- IFC Finance Corporation
Examples
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The World Bank and IFC provide technical and advisory assistance to the government in this area.
Academic text (2016) -
The D.C. Circuit held that the IFC was not immune from such a promissory estoppel suit.
Academic text (2017) -
After 20-plus years of struggle, Maron can now enjoy the fruits of success, including a sitcom based on his life that will premiere on IFC in the fall.
Blog text (3) -
Similarly, in Osseiran v. International Finance Corp., Osseiran alleged that the International Finance Corporation (IFC) had broken its promise to sell him its shares in a Guernsey corporation.
Academic text (2017) -
The best example is that of the Sudanese Mo Ibrahim, who, with the support of U.S. and European investors and international financing structures such as the IFC, built Celtel International (Celtel).
Blog text (19) -
IFC president and agribusiness junior Jason Colombini said they welcomed Kappa Sigma to IFC and look forward to its contribution to Cal Poly and the community.
Blog text (17) -
The IFC provides essential funding to projects that promote sustainable development in emerging markets.
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Many businesses look to the IFC for financial support to expand their operations in developing countries.
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The government partnered with the IFC to develop a new initiative aimed at increasing private sector investment.
Synonyms
15
3.5
A group of countries and people from different nations who work together on common problems
An agency of the World Bank Group that gives money to private companies and guarantees loans to support development
Surface Forms
Etymology
IFC stands for the International, Finance, Corporation, with International meaning 'between countries', Finance meaning 'money', and Corporation meaning 'company', and it is part of the World Bank group that invests in private companies. So the name tells you its job: to give money and support to businesses across countries.