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

Category: T

THERAPEUTIC ALTERNATIVES

Drug alternative with a different make up chemically but will treat a condition the same manner as other drugs.

THIRD WORLD

Name that groups all the poorest nations of Africa, Latin America, Asia and the Middle East that have a colonial past and are developing, less developed or a least developed country.

THROUGHPUT CONTRACT

Take or pay contract in gas and oil industry often used as an indirect guarantee for financing.

TIME TO EXPIRY

Time remaining before a warrant will expire where it will no longer have any value.

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.

TONTINE ANNUITY

Joint annuity where the amounts received by beneficiaries increases as number of beneficiaries decrease. Also known as Last survivor annuity.

TOPOLOGY

1. General. Physical space study concerned with surface properties unaffected by order, contiguity and position relatively. 2. Networking. Network’s map of the wiring scheme.

TOWING COSTS

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

TRADING AS (T/A)

Bank account designation for business and personal transactions. See doing business as.

TRADING RANGE

1. Commodities trading. Maximum and minimum limit set by an exchange where a commodity price is allowed to fluctuate on a trading day. 2. Securities trading. Spread from the low and high

TRAINING

Organized activity aiming at imparting instructions and information that will improve the recipient’s performance or to reach a level of skill or knowledge.

TRANSFORMER

Device that changes an alternating current, AC, from one voltage to another by using electromagnetic induction.

TREASURIES

Negotiable obligations of debt by a federal government that comprises treasury bonds, treasury notes and treasury bills.

TRIABLE

Subject or liable to judicial examination in court.

TROJAN HORSE

Computer program that appears to be legitimate and useful but is secretly performing illegal and destructive functions.

TRUETYPE FONT

Computer type looking the same as on the screen when it is printed.

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