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A bank, Securities firm, or other financial institution that regularly renders services for another in an area or market to which the other party lacks direct access. A bank that functions as an agent for another bank and carries a deposit balance for a bank in another city.

Securities firms may have correspondents in foreign countries or on exchanges—organizations that provide facilities for convening purchasers and sellers of securities—of which the firms are not members.

The term correspondent is distinct from corespondent—a person summoned to respond to litigation, together with another person, particularly, a paramour in a Divorce action based on Adultery.


adjective adapted, agreeable, agreed, akin, analogous, answerable, apposite, belonging, coequal, coextensive, cognate, coinciding, collateral, comfortable, comparable, commensurable, complementary, concomitant, congruous, consistent, consonant, contemporaneous, correlative, corresponsive, counterpart, equal in effect, equal in force, equal in significance, equal in value, equivalent, fit, fitted, germane, harmonious, mutual, pendent, reciprocal, related, relative, similar, suitable, suited, synonymous, uniform


noun analogue, complement, correlative, counterpart, duplicate, equal, obverse, pendant, reciprocator, similitude
See also: accompanying, agreed, akin, analogous, apposite, appropriate, coequal, coextensive, cognate, collateral, commensurable, comparative, complement, concomitant, concordant, congruous, consistent, consonant, contemporaneous, correlate, correlative, counterpart, fit, germane, harmonious, litigant, mutual, pendent, reciprocal, related, relative, relevant, similar, suitable, uniform
References in periodicals archive ?
In addition to the Far East, the Globe maintains foreign news bureaus in Jerusalem, Mexico City, Berlin, and Montreal, and has a full- time corespondent based in Moscow.
The Globe also has foreign news bureaus in Moscow, Jerusalem, Tokyo, and Berlin.

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