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

Category: T

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.

TWO TIER MARKET

System of exchange rates where a country sets one rate for flow of capital and another rate for present account transactions.

TYPEFACE

Numbers, letters an symbols of same typestyle and type weight making up a distinctive printing type such as Helvetica etc.

TEASER AD

Front runner for an advertising campaign revealing only a small amount of information about the product or advertiser.

TECHNOLOGY DRIVEN

Philosophy of management pushing for developing new services and goods based on a firms abilities in technical practices.

TEMP

A shortened term for a temporary employee hired for a short time.

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