The Law Dictionary

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

Category: T

THEORY Z

Japanese management theory that says (1) workers want to build relationships with peers, employers, (2) secure employment and high levels of support, skill development and training is offered, (3) value of family

THOMAS MALTHUS

Economist whose writing “An Essay on the Principle of Population” suggested the population of the world would increase greater than the ability to feed it.

THRESHOLD LIMIT VALUE (TLV)

ACGIH term for concentration of an airborne substance that if exposed to for 8 hours each working day is still protected.

TIE IN SALE

Arrangement of marketing where the supplier of a goods or service in demand sells it on a basis that the buyer will also buy another goods or service.

TIME SCALE

Measurement of time where a task or activity in scheduled.

TOBIN’S ‘Q’ THEORY

Theory in Economics of behaviour of an investment where ‘Q’ is the ratio of market value to replacement cost of share capital.

TONNE OF COAL EQUIVALENT (TCE)

Unit of energy that is generated by burning one metric ton of coal that is equivalent to burning 5.2 barrels of oil, 890 cubic meters of gas that is 29.39 GJ, 27.78

TOPOGRAPHIC MAP

Map with natural features with contours of altitude. Also known as a contour map.

TOTAL COST

Addition of all direct and indirect costs, or amount an investor pays to acquire the investment.

TOUCH LABOR

The hands-on production that is reasonable to be assigned to a piece of work

TOXICITY ASSESSMENT

Effects and properties of a toxic substance, mainly dose required to have an effect.

TRADE BARRIER

Restriction imposed by government on the free international exchange of goods or services.

TRADE TERM

Phrase or word used in a industry or trade with an accepted meaning that is different to its dictionary meaning.

TRADING CAPITAL

Money allocated by investors to buy and sell different securities as part of the strategy.

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