Category: T

Discharge of hot water from an industrial process able to kill life in the water and to disrupt the ecosystem.

Computer program helping to systematically group ideas in different levels and creating a logical structure for a report, plan, proposal etc.

1. Commercial printing. A small rough sketch representing a proposed layout. Also called squish, French for sketch. 2. Desktop printing. A smaller image of a page or graphic making it easier to

Length of time needed for a plan or project to be completed in, success of an endeavour, yields from investments, right to mature etc.

Insurance policy covering risks that arise in a set period of time.

Difference between actual and standard rates for hours worked.

1. General. Departure allowed from a standard that won’t effect a process over its life cycle. 2. Engineering. Capability of a system that can withstand high stress levels without being harmed. See

Manufacturer or contractor incurred expenses in acquiring tooling needs to complete a contract or production line process.

Pressure unit equal to 133.32 Pascal’s or 1/760th of an atmosphere. Named for the Italian inventor of the mercury barometer, Evangelista Torricelli, 1609-1647.

1. Accounting. Ability of tracking a piece of financial information in recorded data or with an audit trail. 2. Cost accounting. Ability of assigning a direct cost to an activity based on

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

Balance sheet considering only tangible assets and not any intangible assets.

Element of a person’s make up serving as an explanation of personal characteristics.

Draft or cheese not issued by the bank it is being deposited in.

1. Action, procedure or method with no hidden agendas, transparency in word and intention. 2. An invisible operation or feature to the user or observer. See virtual.

Pattern showing the gradual change of a condition, process or average moving in one direction over time.

View that is optimistic where benefits of fast economic growth will flow from high income earners down through income levels and employment and disparity of distribution of income will be solved automatically.

Region lying between the Tropic of Cancer, north of the Equator and the Tropic of Capricorn, south of the Equator.

Common telephone circuit connecting 2 switch systems, one at the exchange anode at the person calling.

Variant of cost plus pricing where a firm accounts for a fixed price and adds money paid to the suppliers to mark-up the service or goods.