What do you mean by Correlated subquery?

Subqueries, or nested queries, are used to bring back a set of rows to be used by the parent query. Depending on how the subquery is written, it can be executed once for the parent query or it can be executed once for each row returned by the parent query. If the subquery is executed for each row of the parent, this is called a correlated subquery.

A correlated subquery can be easily identified if it contains any references to the parent subquery columns in its WHERE clause. Columns from the subquery cannot be referenced anywhere else in the parent query. The following example demonstrates a non-correlated subquery.

 E.g. Select * From CUST Where '10/03/1990' IN (Select ODATE From ORDER Where CUST.CNUM = ORDER.CNUM)