Branch

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Related to communicating gray branch: Sympathetic trunks

Branch

An operation in a foreign country incorporated in the home country.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Branch

1. An office or subsidiary of a company that exists and conducts operations in a country other than the one in which the company is headquartered. See also: MNC.

2. A semi-independent office of a bank. For example, a bank may have five branches in a city where account holders can make deposits and withdrawals and conduct other business at the place most convenient for them.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
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