North American Development Bank Law and Legal Definition
North American Development Bank is a binational financial institution capitalized and governed equally by the United States of America and Mexico. It provides loans to communities in the United States which suffer economically from North American Free Trade Agreement (NAFTA) either through job losses or having to pay for environmental cleanups along the borders of Mexico and Canada. It also finance environmental projects certified by the Border Environment Cooperation Commission (BECC).
North American Development Bank is also known as NAD-Bank.
Legal Definition list
- North American Association of State and Provincial Lotteries [NASPL]
- Norris-Thermadore Rule
- Norris-La Guardia Act
- Norris La Guardia Act
- Norris Claim
- North American Development Bank
- North American Free Trade Agreement
- North American Industry Classification System
- North American Standard Inspection [Transportation]
- North American Wetlands Conservation Act
- North Atlantic Salmon Conservation Organization
Related Legal Terms
- 21st Century Nanotechnology Research and Development Act of 2003
- Abstraction [Banking]
- Accommodation Maker(Banking)
- Account [Banks & Banking]
- Accountant ( Bankruptcy)
- Acquiring Bank
- Acquisition, Development and Construction (ADC) Loan
- Act of Bankruptcy
- Acting in Concert [Banks & Banking]
- Adequate Protection [Bankruptcy]