Term:
Materiality criteria
Definition:
The criteria by which Bank loans may be made and, in particular, the criteria by which Bank loans are deemed to have a material effect on the prospects of investment in the recipient country. These
criteria are basically that they should be used to finance specific projects in the broad sense of this term, which includes well-defined productive purposes but has been extended to include lending which serves the Bank's broad objective of facilitating investment for reconstruction or development, such as structural/sectoral adjustment lending.
Domain:
Finance
Source:
World Bank: Glossary of Finance and Debt