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IDB

   Also found in: Dictionary/thesaurus, Financial, Acronyms, Wikipedia, Hutchinson 0.01 sec.

Inter-American Development Bank (IDB)

international organization founded in 1959 by 20 governments in North and South America to finance economic and social development in the Western Hemisphere. The largest charter subscribers were Argentina, Brazil, Mexico, Venezuela, and the U.S. Subscribers now include nearly 30 countries in North and South America and more than 15 countries in Europe, as well as Japan and Israel. The IDB group also includes the Inter-American Investment Corp. and the Multilateral Investment Fund. It is headquartered in Washington, D.C.


IDB
(ITS Data Bus) An interface between devices in an automobile endorsed by the Society of Automotive Engineers (SAE). Designed to fulfill the goal of Intelligent Transportation Systems (ITS), the ITS Data Bus enables engine diagnostic equipment, GPS navigation systems, wireless phones, radios, TVs, games and other mobile devices to interoperate over a standard bus. For example, an IDB-compliant display screen could accept text and/or graphics output from an IDB-compliant navigation system, CD changer, cellphone or video game. For more information, visit www.sae.org and search on "IDB."


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Of the total sum, seven are grants from the Waqf Fund and were approved by IDB President Dr.
The market has been awaiting this IDB offering since July 2009, but on the advice of its three lead arrangers, the IDB decided to delay the marketing of the sukuk to September, even though the legal documentation and the ratings for the sukuk have been in place since the end of July.
The mission included M Reza Yousuf, Deputy Director, Country Operations Department (Mission Leader), Cafer Bicer Country Officer IDB and Dr.
 
 
 
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