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

Category: T

TECHNICAL MANAGEMENT

Efforts used in deployment of a system or process to balance cost, effectiveness and supportability during its life cycle.

TELEMARKETING

Contacting and canvassing prospective customers by telephone, fax or internet.

TERM OF A BILL

Period where a bill of exchange is drafted and is then due for payment.

TEST MARKETING

Stage in product development where a product and plan for marketing are exposed to a small population group to see the reaction before a full scale product launch.

THERMOSTAT

Device that senses temperature and will turn an appliance or circuit off or on when the required temperature has been reached.

THRESHOLD

1.Boundary if passed has different state of affairs existing. 2. Maximum or minimum value serving as a benchmark to compare and guide any breach that can cause a review of a situation

TICKER TAPE

Stock symbols on a moving strip with volumes and prices shown at the bottom of a TV screen.

TIME LIMIT ON CERTAIN DEFENSES

Limits time length the insurer can claim that the insured’s condition was pre-existing that wasn’t mentioned at time insurance began.

TIMELINE

1. General. Line drawn on a scale where historical, planned or projected events are marked. 2. Project management. One of many lines on a job chart showing when each part is to

TOLL MANUFACTURING

Arrangement where a company will process raw materials or partly completed goods for another company. Also known as toll processing.

TOP LEVEL DOMAIN NAME

Unique internet address with designation showing country of origin determined by ISO 3155. If no country listed it is a US name.

TOTAL DISABILITY

Mental or physical impairment preventing a person from normal function.

TRACK RECORD

Builder’s or developer’s reputation to produce in an economical and timely basis.

TRADING FLOOR

Area where transaction of commodities, options and futures takes place.

TRADITIONAL OPTION

UK sold option where there isn’t a secondary market but is able to be sold back to the original principal or a counter party.

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