1. Establishment, foundation, or organization created to pursue a particular type of endeavor, such as banking by a financial institution. 2. Consistent and organized pattern of behavior or activities (established by law or custom) that is self-regulating in accordance with generally accepted norms.
The letters written by one to another, and the answers thereto, make what is called the correspondence of the parties. 2. In general, the correspondence of the parties contains the best evidence of the facts to which it relates. See Letter, contracts; Proposal.
document-a written account of ownership or obligation. communication-something that is communicated by or to or between people or groups. letter of credit-a document issued by a bank that guarantees the payment of a customer's draft; substitutes the bank's credit for the customer's credit.