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Multilateral Institution

mul-tee-LAT-er-ul in-stih-TOO-shun

/ˌmʌltiˈlætərəl ˌɪnstɪˈtjuːʃən/

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Syllable breakdown

multilateralinstitution

Dictionary meaning

An organisation with membership of three or more sovereign states, established to coordinate policy on shared global challenges

Examples

  • The IMF and World Bank are multilateral institutions created at the Bretton Woods conference.

Synonyms: intergovernmental organisation, international body

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