correspondent


correspondent
A financial organization that performs services (acts as an intermediary) in a market for another organization that does not have access to that market. Bloomberg Financial Dictionary

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correspondent cor‧re‧spon‧dent [ˌkɒrˈspɒndənt ǁ ˌkɔːrˈspɑːn-, ˌkɑː-] noun [countable]
1. a person or organization, especially one in a foreign country, that you regularly do business with:

• Among a wide circle of friends and correspondents, Cayley seems to have been recognized as a generous and modest man.

2. BANKING also correspondent bank a bank in one country that acts for a bank in another country:

• Banks, by overseas representation and correspondents, are able to provide advice on economic, financial and commercial conditions in other countries.

• Instructions are sent by airmail to a correspondent bank requesting it to credit the exporter or his bank with an appropriate amount in the exporter's domestic currency.

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correspondent UK US /ˌkɒrɪˈspɒndənt/ noun [C]
COMMUNICATIONS a person who writes a letter or email: »

an email correspondent

a person who works for a newspaper, television station, etc. and whose job is to report on a particular subject or from another country: business/labour/legal, etc. correspondent »

Our guest is financial correspondent at the New York Times.

BANKING a CORRESPONDENT BANK(Cf. ↑correspondent bank)

Financial and business terms. 2012.

Synonyms:

Look at other dictionaries:

  • Correspondent — Cor re*spond ent ( ent), a. [Cf. F. correspondant.] Suitable; adapted; fit; corresponding; congruous; conformable; in accord or agreement; obedient; willing. [1913 Webster] Action correspondent or repugnant unto the law. Hooker. [1913 Webster] As …   The Collaborative International Dictionary of English

  • correspondent — I adjective adapted, agreeable, agreed, akin, analogous, answerable, apposite, appropriate, belonging, coequal, coextensive, cognate, coincidental, coinciding, collateral, comfortable, comparable, commensurable, complementary, concomitant,… …   Law dictionary

  • Correspondent — Cor re*spond ent, n. 1. One with whom intercourse is carried on by letter. Macaulay. [1913 Webster] 2. One who communicates information, etc., by letter or telegram to a newspaper or periodical. [1913 Webster] 3. (Com.) One who carries on… …   The Collaborative International Dictionary of English

  • Correspondent — Correspondent, 1) Jemand, der correspondirt, d.h. mit einem Andern in brieflichem Verkehre steht; 2) der Commis, welcher auf einem Comptoire die Beantwortung der eingehenden Briefe besorgt; [463] 3) (Berichterstatter), Jemand, der über Waaren u.… …   Pierer's Universal-Lexikon

  • correspondent — early 15c., adj., having an analogous relationship (to), a sense taken up since 19c. by CORRESPONDING (Cf. corresponding); from M.L. correspondentem, prp. of correspondere (see CORRESPOND (Cf. correspond)). Meaning one who communicates with… …   Etymology dictionary

  • correspondent — [n] person communicating in writing contributor, epistler, epistolarian, freelancer, gazetteer, journalist, letter writer, pen pal, reporter, stringer*, writer; concepts 348,423 …   New thesaurus

  • correspondent — ► NOUN 1) a person who writes letters, especially on a regular basis. 2) a journalist reporting on a particular subject or from a particular country. ► ADJECTIVE ▪ corresponding …   English terms dictionary

  • correspondent — [kôr΄əspän′dənt] adj. [ME < ML correspondens, prp. of correspondere,CORRESPOND] corresponding; agreeing; matching; analogous n. 1. a thing that corresponds; correlate 2. a) a person who exchanges letters with another b) a person who writes to… …   English World dictionary

  • Correspondent — Foreign correspondent redirects here. For other uses, see Correspondent (disambiguation). Correspondent from Press TV in Madrid. A correspondent or on the scene reporter is a journalist or commentator, or more gene …   Wikipedia

  • correspondent — 1 noun (C) 1 someone who is employed by a newspaper or a television station etc to report news from a particular area or on a particular subject: Our correspondent in South Africa sent this report. | the political correspondent for The Times 2… …   Longman dictionary of contemporary English