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

Category: Finance

TEXT TYPE

Serif type face chosen to be legible in small sizes.

THIRD-PARTY INSURANCE

Liability insurance bought by an insured from the insurer to protect against claims from another party.

TIME BAR

Stoppage put on exercising a claim or judgment after a period that was established by a law or custom.

TIME PERIOD CONCEPT

Concept of accounting where a firm’s operating cycle is divided into separate accounting periods that can be reported on in a manner that is timely.

TOKEN RING NETWORK

Single channel, high speed base band local area network or LAN architecture eliminating problems of colliding data by using packets, called tokens, of control messages.

TOPSOIL

Soil on the surface to an average depth of plod to use to plant in.

TOWNHOUSE

Housing unit for a one family that is 2 to 3 stories tall.

TRADING ASSETS

Accounts receivable and payable and inventory that the 3 main financial items impacting on cash flow.

TRADING SESSION

Term referring to a normal day of trading excluding trading before and after opening and closing bells.

TRIAGE

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

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