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

Category: Finance

TROUGH

An economics’ cycle lowest point. Compare to peak.

TRUSTED DOMAIN

Web site or portal acting as a trusted third party between buyers and sellers.

TUTORIAL

Program of instruction that is self-paced and provides information in a learning unit.

TYPE

Computer or physical characters making up text and displays of reading matter.

UNDER CAPITALIZATION

Situation where businesses don’t have enough funds from stock holders for the size of operations.

UNDERSIGNED

Person’s name appearing at the end of the document, subscriber.

UNEARNED INCOME

1. Accounting. Income received before a service is provided or a good is sold.2. Taxation. Income from means not arising from a person’s efforts.

TECHNICAL MANAGEMENT

Efforts used in deployment of a system or process to balance cost, effectiveness and supportability during its life cycle.

TELEMARKETING

Contacting and canvassing prospective customers by telephone, fax or internet.

TEN DAY FREE LOOK

An insured’s right it inspect a health care policy and return it before 10 days have passed and get a full refund.

TERM FUNDING

Arranged financing meeting needs over a set period of time.

TERMINATION FOR CONVENIENCE

A government contract’s standard clause giving government the right to terminate a contract at any time without giving a reason for doing so.

TEST FIDELITY

Extent of a test duplicating conditions or performance of a task. Close match equals high fidelity.

THE NEW YORK TIMES

Paper recognized internationally founded in 1851, printed in New York and distributed nationwide.

THERMOSETS

Hard plastic formed into one shape that cannot easily formed into another shape.

THREE-FOURTHS VALUE CLAUSE

Clause nearly obsolete where an insurer will not pay more three quarters of the cash value of an insured property.

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