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

Category: Finance

TRIMMED MEAN

Method of averaging designed to reduce effects of outlier statistics.

TRUE CAPACITY

Actual capacity of a machine, factory, process or production line to generate output under given constraints of material availability and a sustainable speed.

TRUTH IN SAVINGS

Legislation in some countries like Federal Deposit Insurance Act 1991 In USA. All details moist be made clear to the depositor of the conditions of deposit.

TWIP

Unit of distance in computer graphics equal to 1/72 of a point,1/1440 inch, 17.64 micrometres or 0.70 Q.

TYPE A PERSONALITY

Person characterised by being overly ambitious, aggressive, competitive, impatient, driven, controlling with a sense of urgency. Quantity opt quality. See type B personality.

TYPOGRAPHY

Study of design of typefaces and how a page can best be laid out.

ULTRAVIOLET (UV) RAYS

Solar radiation that is invisible lying just beyond the violet end of a visible spectrum. Wavelength from 10 to 400 nanometres that harms living tissue.

UNDERCLASS

People at the lowest level of society that have becomes victims of a poverty trap.

UNDERWEIGHT

Situation that has arisen when a portfolio’s investment are lower in proportion to the financial market’s share of capitalisation. Opposite of overweight.

TEAM ROLES

Role types; Coordinator/ Chairman; Completer/Finisher; Implementer; Monitor/Evaluator; Plant; Resource Investigator; Shaper; Specialist; Team worker.

TECHNIQUE

Formula, routine or the systematic procedure to accomplish a task.

TERM RULE

Clause in a rating manual that details term where coverage is valid.

TERMS OF FREIGHT

Agreed upon conditions between shipper and carrier in regard to type and payment for freight.

TESTAMENTARY TRUST

Trust created with a will that will take effect only fret the writer’s death and will be subject to probate.

THEORY

Set of propositions, assumptions or facts attempting to provide a rational explanation of cause and effect of observed phenomenon.

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