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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.

West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.
References in periodicals archive ?
Similar trends were recorded also in the investigation of hemorheological properties of the endothelium: reliable decreasing of SFA: in the 1-st group--for 25,1 % comparing with controls (p<0,05), in the 2nd group--for 39,5 % and for 19,2 % comparing with controls and 1-st group correspondently (p<0,05)).
Their Akaike weights were correspondently small, with the first and second ranked model both yielding a weight of 0.14.
Accordingly, the [B.sub.I] parameter notably increases up to 0.713 and correspondently the [L.sub.HIH] decreases up to a value of 4.46 for reaction times of 60 min.
Positions of support joints of the upper and lower triangular bases specified by the magnitudes of the circle's radius R1 and R2 correspondently.
[O.sub.1] [x.sub.1] [y.sub.1] [z.sub.1] and relative [O.sub.2] [x.sub.2] [y.sub.2] [z.sub.2] cartesian coordinate systems correspondently. The origins of both coordinate systems lie at the intersection of the medians of the equilateral triangles A1B1C1 and A2B2C2.
But the mortality rate from breast cancer has not reduced correspondently. And mammography is very bad at detecting cancers in pre-menopausal women, so more application in younger women doesn't help either.
8(b) demonstrate the first modulation technique without and with shoot through correspondently. It is evident that all transistors are working in a different way.
The MTT and ALP assay methods were utilized to measure the activity of osteoblasts proliferation and differentiation correspondently.
where [Y.sub.0], [beta], and [A.sub.c] correspondently are the characteristic admittance, phase constant, and length of the microstrip segment.
Nodes 2 and 3 calculate capacitance per unit length of MMCL for c- and [pi]-mode correspondently, and nodes 1 and 4 calculate the same capacitances for the same modes, but the substrate in the MMCL is changed by air.
These modes were selected due to their potential practical utility, applying to the conductors correspondently equal voltages V, ..., V or applying counter-phase voltages V, -1 V, ..., V, -1 V.
And in the case of movement with a speed 50km/h they are correspondently 50 meters and 7 seconds.