net branching
n.— «Under the scenario, NARES was one of several shell corporations that operated under the name of “Pacific Bancorp.” The owners and directors of Pacific Bancorp granted franchise rights to do business in North Carolina to unlicensed lenders who, regulators say, operated without meaningful controls, undercutting state oversight. Moreover, by using the shell corporations, Pacific Bancorp was able to shield its involvement and potential liability in the lending process.» —“North Carolina fines mortgage lender North American Real Estate Services for ’illegal scheme'” by Lee Weisbecker Triangle Business Journal (Charlotte, North Carolina) July 6, 2009. (source: Double-Tongued Dictionary)
Further reading
Amy from Charlotte, North Carolina, reports a dispute arose when visiting her brother’s family. Is a large container for storing sugar properly called a can or a canister? The answer involves prototype theory, which in cognitive linguistics and...
When a teenager went a week without talking as part of a school project, he noticed a surprising side effect: Instead of rehearsing a response to what other people were saying to him, he was focused on listening — and feeling smarter as a result...