French translation: MDD = marque de distributeur, marque propre, marque maison ou private label
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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:
MDD = marque de distributeur, marque propre, marque maison ou private label
English to French translations [PRO] Bus/Financial
English term or phrase:private labeling
A bank trust department may use a service organization to prform essentially all of the transaction execution, recording and processing for the employee benefit plans. In such a situation (which is commonly referred to as private labeling) the trust department's functions might be limited to establishing and maintaining the account relationship.