Definition of Private-wire house

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TeachMeFinance.com - explain Private-wire house




historic definition...

Private-wire house -- A brokerage concern which has private telegraph wires to its branch offices or to the offices of correspondents at other points. The telephone has superseded the telegraph to some extent ; private telephone wires are hired the same as private telegraph wires.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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