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.
For other uses, see Letter. A letter is a written message from one party to another containing information. Letters promote the preservation of communication between both parties; they may bring friends or relatives closer together, enrich professional relationships and provide a means of self-expression.