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Simple English definitions for legal terms
correspondent
Read a random definition: protest certificate
A quick definition of correspondent:
A correspondent is someone who writes letters or reports on events for the media. They may work for a newspaper, TV station, or other news outlet. They can also be a financial institution that helps another company in a market they don't have access to. If there is a mistake in a printed work, it is called a corrigendum.
A more thorough explanation:
A correspondent is someone who writes letters or reports on events for the media. It can also refer to a financial institution that provides services in a market where another institution does not have direct access.
- A journalist reporting on the war in Syria is a correspondent for a news organization.
- A bank in the United States may use a correspondent bank in Japan to make transactions in Japanese yen.
These examples illustrate how a correspondent can be someone who provides information or services from a remote location. In the case of a journalist, they are reporting on events from a different location than their audience. In the case of a bank, they are using another institution to access a market they do not have direct access to.