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

Category: Finance

TRAILING STOP

Stop order where the stop price moves with trading prices of the security.

TRANSFORMATION

Organization. Process of radical changes that takes the company in a new direction and effectiveness level.

TRANSITORY RECORDS

Correspondence and routine documents that have a short life span or value and are not integral to operations.

TREND REVERSAL

Change in direction of trading exceeding normal correction point. See retracement.

TRIPLEX

Building with 3 townhouses or apartments.

TRUE VALUE

Amount the buyer is prepared to pay for an item.

TURNAROUND

Sustained and positive reversal of negative market, firm, economy performances.

TWO TIER BID

Attempt at takeover where the bidder offers a higher price for stock than is needed to takeover the firm.

TYPE SPEC

Instructions for typeface, type style size, etc. For a printing job.

UBIQUITOUS

Seeming to be everywhere or existing everywhere; omnipresent.

UNDERINSURED

Person without adequate cover for a loss or a damage or who cannot meet a requirement of co-insurance.

TEASER AD

Front runner for an advertising campaign revealing only a small amount of information about the product or advertiser.

TECHNOLOGY DRIVEN

Philosophy of management pushing for developing new services and goods based on a firms abilities in technical practices.

TEMP

A shortened term for a temporary employee hired for a short time.

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