MONOLINE
\mˈɒnə͡ʊlˌiːn], \mˈɒnəʊlˌiːn], \m_ˈɒ_n_əʊ_l_ˌiː_n]\
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One particular branch of the financial industry is the sole focus of this type of financial company. It chooses one focus on one product to become very specialized in all the aspects of that particular service. It does not divide its time, attention, and resources over a wide variety of products where companies are often very competitive. This company becomes very good at what it does.
By Henry Campbell Black
Word of the day
basidiomycota
- comprises fungi bearing the spores on basidium: Gasteromycetes (puffballs); Tiliomycetes (comprising orders Ustilaginales (smuts) and Uredinales (rusts)); Hymenomycetes (mushrooms; toadstools; agarics; bracket fungi); in some classification systems considered a division of kingdom comprises fungi bearing spores on a basidium; includes Gasteromycetes (puffballs) Tiliomycetes comprising the orders Ustilaginales (smuts) and Uredinales (rusts) Hymenomycetes (mushrooms, toadstools, agarics bracket fungi).