- Branch
- An operation in a foreign country incorporated in the home country. The New York Times Financial Glossary
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1. an individual bank, shop, office etc that is part of a large organization:• The business has 170 branches throughout the UK.
• To talk to one of our specialist financial advisers, just contact your local branch.
2. a part of a government or a large organization that deals with one particular type of work:• The executive and judicial branches of government would be totally separate.
• He is a former chairman of the Belfast branch of the National Union of Journalists.
• She joined the strike support committee and started going to branch meetings.
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branch UK US /brɑːnʃ/ noun [C]► COMMERCE one of the local offices of a large company, such as a bank, which is open to the public: to close/open a branch »Many banks have promoted online services and closed branches.
a branch of sth »You should be able to walk into a branch of the building society anywhere in the country to deposit or withdraw money.
»Contact your local branch to arrange an appointment with a consultant.
»She has been a customer of the same bank branch for decades.
»The company operates in 18 states and has 45 branch offices.
»a domestic/foreign/overseas branch
► GOVERNMENT a division of a government or large organization with a particular responsibility: the executive/legislative/judicial branch »The authority lets the executive branch draft trade deals that Congress could reject but not change.
»This latest investigation is being held by the disciplinary branch of the accountancy profession.
Financial and business terms. 2012.
