It is a kind of a loan obtained by the captain of the ship in an emergency against the security of the cargo of the ship with a view to enabling the ship to reach its destination. The borrowed money is repayable to the lender a certain number days after the arrival of the ship at a particular port of destination. The document evidencing the loan money is called a respondent bond.
Respondent has been for many years the usual term for an individual who takes part in a market research project. However, this is increasingly replaced by the term ‘participant’, as researchers and clients recognize the value of a more collaborative interviewing relationship. That is, the research subject is no longer regarded as a passive object to be studied, being kept in the dark about the research and its objectives and simply ‘responding’, but as a valued partner in an exploratory process.
The respondent is the party against whom a petition is filed, especially one on appeal. He is a person or organization required to answer a legal proceeding. For example, if a company issued, the company is called the respondent because it must respond to the charges or risk a summary judgment. The respondent can be either the plaintiff or the defendant from the court below, as either party can appeal the decision thereby making themselves the petitioner and their adversary the respondent. Formerly, in the equity courts of common law, the defendant was always called the respondent.
A respondent is a person who answers a question, letter, email message, survey, or anything else that requires a response. You can see the word respond, which means “answer or reply to” in the respondent. If a poll reveals that bullying is the top concern regarding school safety, you know that many respondents checked the box marked “bullying.”
Correspondent banking is an agreement between two banks whereby one bank (correspondent bank) carries on representative services (such as maintaining deposits, offering settlements, etc.) for another bank (respondent bank). The respondent bank’s client will undertake a transaction at the third-party bank, such as a deposit or withdrawal. The third-party bank will seek settlement of the transaction by going through the correspondent bank.