The Law Dictionary

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

Category: T

TOTAL QUALITY MANAGEMENT (TQM)

Holistic approach to success that sees continuing improvement in all parts of an organization that is considered to be a process and not a short term goal.

TOWING COSTS

Optional insurance covering towing of a vehicle a pre-determined distance.

TRACER

Inquiry that is started to trace a piece of information back to the document it originated from, or to find a shipments that is lost or delayed.

TRADE DEBTORS

Organization or person allowing others to purchase goods with credit and to get paid later.

TRADE POLICY

Laws relating to the exchange of services and goods in international trade.

TRADEMARK INFRINGEMENT

Violation of trademark terms by another body that encroaches on privileges and rights of the owning body.

TRADING ON THE EQUITY

Use of funds borrowed to generate a return greater than the interest on the borrowed funds.

TRAFFICKING

The carrying on of an illegal commercial activity such as selling drugs or substances that are banned.

TRANSFER AGENT

Person, bank or trust company entrusted to issue, redeem and register securities.

TRANSPORTATION TICKET POLICY

Policy written in connection with ticket to travel on a carrier that covers the insured from injury while on that trip.

TREND PERCENTAGE

Way of analysing information using a base line and then each period after that is stated as a percept of the base line.

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.

TRUST DEED

1. Alternate term for trust agreement. 2. Alternate term for deed of trust.

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