Category: T

Length of time an insured has in order to put in a claim.

Technique of trend extrapolation based on an assumption that ‘ the best estimate for tomorrow is the continuation of yesterday’s trend’.

Ownership that involves the purchase of a time or percept interest in a holiday property.

AN unusually heavy and large book or a volume from a collection that is often for scholars.

Reference to a firm’s overall revenue growth and not just one segment of growth.

Total of expenditure to be incurred along with the price of purchase.

Arrangement of barter where services and goods can be exchanged for other services and goods.

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

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

Movement of goods overland from one country to the adjacent country.

Implementing, planning and monitoring of change in an organization.

Shipment transfer between carriers or from one vessel o another vessel in transit. Can be spelt as transhipment.

Technique in forecasting where (1) baseline scenario constructed using trends, (2) Future events are identified and evaluated for degree of impact (3) combined effects of 1 and 2 used to create future

Method of averaging designed to reduce effects of outlier statistics.

Actual capacity of a machine, factory, process or production line to generate output under given constraints of material availability and a sustainable speed.

Legislation in some countries like Federal Deposit Insurance Act 1991 In USA. All details moist be made clear to the depositor of the conditions of deposit.

Unit of distance in computer graphics equal to 1/72 of a point,1/1440 inch, 17.64 micrometres or 0.70 Q.

Person characterised by being overly ambitious, aggressive, competitive, impatient, driven, controlling with a sense of urgency. Quantity opt quality. See type B personality.

Study of design of typefaces and how a page can best be laid out.

Member from the team selected to represent, make decisions, and resolve any conflicts within the group.