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

Category: Finance

TAX JURISDICTION

An area, city, municipality, county, country with its own distinct regulations for taxation.

TEAMWORK

Process of collaboration of people to attain a goal.

TECHNOLOGY

Information application to design, production and utilization of services and goods and organizing human activities.

TELLER’S CHECK

Bank written cheese on funds at another institution and signed by the teller. See cashier’s cheese.

TERMS OF SALE

Terms of delivery and payment agreed between the buyer and the seller.

TESTING

Means of quality control where capability of manufactured items to meet its requirement is determined.

THEORY OF THE SECOND BEST

Concept of Economics where all remaining needs should be satisfied even if two or more need cannot be satisfied.

TIME AND ATTENDANCE

Method used to track and gather information on the time an employee spends on the job.

TIME SHEET

Document or spread sheet indicating hours worked by employees.

TONER

An ink that is a very fine powder and used in laser printers and copiers.

TOPOGRAPHIC MAP

Map with natural features with contours of altitude. Also known as a contour map.

TOURISM

Marketing all of the positive and enjoyable features of a destination for travelling to.

TRADING ACCOUNT

1. Account with a broker enabling the individual to buy and sell securities. 2. Section of an income statement showing the way gross profit was made through trading actions.

TRADING POST

Area located on the trading floor of an stock exchange where a specialist will conduct a live cry out auction.

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