• The practice of purchasing a significant percentage of intermediate components from outside suppliers.
Correspondent: Is a financial institution which performs activities or services for another financial institution. Sometimes, this arrangement occurs because of a lack of physical presence in a particular geographic area. Other times it may be due to an Outsourcing or need for specialized services such as clearance and physical transfers of securities.
Practical Advice for Everyone on How to Save and Manage Money: No matter how old or young you are, there are some basic things you can do to better manage and protect your money. Here are recommendations from FDIC Consumer News. More...
Flaming enthusiasm backed by horse sense and persistence, is the quality that most frequently makes for success. - Dale Carnegie