Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Category: Finance

TEAM LEADER

Member from the team selected to represent, make decisions, and resolve any conflicts within the group.

TECHNICAL RESEARCH

Applied research bent toward disciplines of engineering and aimed at the development of test equipment and tools to provide a solution to a certain problem technically.

TELEPHONE BANKING

Banking service offered via the telephone where bills are paid, funds transferred etc.

TENANCY IN COMMON

A property’s joint ownership by 2 or more unrelated or related bodies in equal or unequal shares.

TERM OUT

Transfer internally of a debt shown on a firm’s balance sheet by capitalization of long and short term debt.

TERMS OF EMPLOYMENT

Conditions and arrangements of an employment contract. Also known as terms and conditions of employment.

TESTAMENTARY INSTRUMENT

Document or will creating, extinguishing or transferring interest in or the right to an asset or property. Also known as a testamentary document

THEATRE SETUP

Arrangement of seating where all rows face toward the stage.

THINK TANK

A research institute that is staffed with experts that are engaged for discussing policy issues of government and business.

THRIFT PLAN

Plan for retirement including an employee savings feature.

TIER

Plot of land that measures 6 miles wide, extends east-west and numbered in north-south according to the distance from base line in a rectangular survey system.

TIME LIMITS

Length of time an insured has in order to put in a claim.

TIME SERIES ANALYSIS (TSA)

Technique of trend extrapolation based on an assumption that ‘ the best estimate for tomorrow is the continuation of yesterday’s trend’.

TIMESHARE

Ownership that involves the purchase of a time or percept interest in a holiday property.

TOME

AN unusually heavy and large book or a volume from a collection that is often for scholars.

TOP LINE GROWTH

Reference to a firm’s overall revenue growth and not just one segment of growth.

TOTAL VALUE

Total of expenditure to be incurred along with the price of purchase.

TRADE OUT

Arrangement of barter where services and goods can be exchanged for other services and goods.

TRADING ON THE EQUITY

Use of funds borrowed to generate a return greater than the interest on the borrowed funds.

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