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.
Correspondence courses allow institutions to offer courses without having to hire additional staff. The original correspondence courses were carried out through the postal service. Video conferencing allows students to communicate with teachers in real-time during a correspondence course. Teachers may grade mailed-in assignments from students living in a variety of locations in a correspondence course.