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

Category: T

TRADING ASSETS

Accounts receivable and payable and inventory that the 3 main financial items impacting on cash flow.

TRADING SESSION

Term referring to a normal day of trading excluding trading before and after opening and closing bells.

TRIAGE

System used at medical centres to assess a person’s injury or illness and rank according to severity.

TRUE-UP

Ensuring that totals for each line item match with the credit and debit accounts.

TWO TIER SEALED BIDDING

Process in tendering where all firms qualified to bid are invited first and then most suitable are invited to offer a sealed bid.

TECHNICAL ADJUSTMENT

Securities trading where the price moves in reverse and acts as a stabilizing action to a fast trend and not due to market situation.

TEMPERATURE

Measure of heat and cold by degrees by a thermometer.

TERMINAL VALUE

1. Asset’s value at the end of its productive life. 2. Investment value at maturity.

TERTIARY

Ranked in third position of importance. See second art, primary, service industry.

TEXTILE

Material that is made up from synthetic or natural materials.

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