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

Category: Finance

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.

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.

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