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

Category: Finance

TRIAGE

System used at medical centres to assess a person’s injury or illness and rank according to severity.

TRUE-UP

Ensuring that totals for each line item match with the credit and debit accounts.

TWO TIER SEALED BIDDING

Process in tendering where all firms qualified to bid are invited first and then most suitable are invited to offer a sealed bid.

UNCLEARED CHECK

Cheque still passing through a clearing cycle. See nucleated effects.

TAX WAIVER

Document issued by the state specifying that the tax department will transfer stock as it has indicated.

TEASER RATE

Low interest rate or a high interstate to entice customers to take up the offer.

TED SPREAD

Treasuries Over Euro Dollar Spread. Wall Street term applied to the gap existing between interest rates on US securities and dollar deposits held outside of the US.

TEMPER

Characteristic of metal to do with hardness and stiffness. See tempering.

TENDER OF PAYMENT

An offer that is without conditions to pay a debt that is lieu of the actual payment.

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