Correspondent

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Correspondent

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.

West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.
References in periodicals archive ?
UO journalism student Cory Eldridge (above) is one of 12 students nationwide to have been selected for an Overseas Press Club Foundation Scholarship this year for his reportage about a Palestinian ophthalmologist's surgical work (right) to repair a 3-year-old girl's ruptured eye while in a West Bank refugee camp.
- Dr Cesar Chelala is an international public health consultant and a winner of an Overseas Press Club of America award and two national journalism awards from Argentina.
Under her leadership, AP's coverage in Honduras, Mexico and Argentina won several awards, including two from the Overseas Press Club, one from Investigative Reporters and Editors, the American Society of News Editors Batten Medal, and one from Sigma Delta Chi.
In the meantime, at the Manila Overseas Press Club (MOPC) Farmer's Night at the Intercontinental Hotel, newly appointed and effectively the next Secretary of Agriculture, ex-senator Francis "Kiko" Pangilinan, studious, industrious, articulate, clean, honest, and low-key, will be a positive addition to the Cabinet of President Aquino...
Alma Guillermoprieto was named a winner by the Overseas Press Club of America of its 2010 Ed Cunningham Award for best magazine reporting from abroad.
Jacobovici has won three Emmys and an Overseas Press Club Award for his masterpieces.
Cesar Chelala is co-author of "Missing or Dead in Argentina: The Desperate Search for Thousands of Abducted Victims", a New York Times Magazine cover story, for which he shared an Overseas Press Club of America award.
Signe Wilkinson (Philadelphia Inquirer), who in her acceptance speech for the Overseas Press Club-Thomas Nast Award, showing a combative streak, reflected that "if you don't want your prophets drawn in nasty cartoons, don't do nasty things in the name of your prophets."
The Overseas Press Club and Deadline Club Chapter of SPJ hosted a panel discussion titled "IRAN: Its Battle for Nuclear Power" on Jan.
"It (being a teetotaler) is the best thing working for me," Laquian told the Manila Overseas Press Club.
NEW YORK ABC scored a double victory last week at the 60th annual Overseas Press Club Awards, snagging honors for business and human rights reporting.
Cesar Chelala is foreign correspondent for the Middle East Times International (Australia), is a co-winner of an Overseas Press Club of America award and two national journalism awards from Argentina.

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