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.
The definition of counsel is advice given or an exchange of ideas or opinions. An example of counsel is someone going to their mother for advice. 1  a mutual exchange of ideas, opinions, etc.; discussion and deliberation. 2  advice resulting from such an exchange.  any advice.