Branch

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BRANCH. This is a metaphorical expression, which designates, in the genealogy of a numerous family, a portion of that family which has sprang from the same root or stock; these latter expressions, like the first, are also metaphorical.
     2. The whole of a genealogy is often called the genealogical tree; and sometimes it is made to take the form of a tree, which is in the first place divided into as many branches as there are children, afterwards into as many branches as there are grand-children, then of great grandchildren, &c. If, for example, it be desired to have a genealogical tree of Peter's family, Peter will be made the trunk of the tree; if he has had two children, John and James, their names will be written on the first two branches; which will themselves shoot out as many smaller branches as John and James have children; from these other's proceed, till the whole family is represented on the tree; thus the origin, the application, and the use of the word branch in genealogy will be at once perceived.

References in periodicals archive ?
The concept of branchless banking revolves around the notion of convenience; the fact that we can perform all our financial transactions without leaving the house.
Various initiatives for the implementation of electronic payment channels in the country have been taken that include development of strong legal and regulatory framework such as SBP's branchless banking regulations 2008 (upgraded in 2011 and 2016).
He said that only those banking facilities are allowed through the agents, which have been defined in branchless banking regulations.
A branchless banking newsletter released by the central bank stated 'SBP made it mandatory for the banks to conduct Person-to-Person transactions only through the Biometric Verification System (BVS) devices starting July 2017.
The central bank remarked that branchless banking accounts grew 73pc as compared to same duration last year, however, almost all companies struggled with keeping these accounts active.
Banks are also advised to ensure training of branchless banking agents to manage the business of branchless banking.
Keywords: Branchless banking, SERVEQUAL model, Factor analysis, Kaiser-Meyer-Olkin measure, Bartlett's test of sphericity.
Of late there has been much activity as far as branchless banking is concerned and a number of brands have appeared in the Pakistani market that offer the convenience and access of such banking.
"Our branchless banking models are recognised globally and there is a need to make more concerted efforts to drive the branchless banking sector through mobile and other latest technologies for the benefit of far flung areas," the minister said.
Oberthur Technologies (OT) has announced its partnership with mBank, an entity affiliated to the PlaNet Finance group that aims to facilitate financial inclusion through mobile technology, to offer mobile branchless banking in emerging markets.
Branchless banking in Pakistan has shown an impressive growth in the first quarter of the current fiscal year (FY 12).