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

Category: T

TERMS AND CONDITIONS

Special and general arrangement, rule, requirements, standards etc. Forming integral parts of a contract or agreement.

THE WEALTH OF NATIONS

Piece of literary work by Adam Smith in 1776 that is considered to be one of the first publications dealing with Economics

THIN CLIENT

Inexpensive computer setup serving as a user interface in server/client architecture.

THRESHOLD DOSE

The smallest amount of exposure levels that will cause a specific and measured effect.

TIE IN SALE

Arrangement of marketing where the supplier of a goods or service in demand sells it on a basis that the buyer will also buy another goods or service.

TIME LIMIT ORDER

Customer order setting a time limit after which the order will be cancelled.

TIME SERIES

Values taken by variables over time that are plotted or tabulated in chronological order.

TIMES INTEREST EARNED RATIO

Ratio of income statement indicating the extent that earnings can decline and not result in problems of non-payment of interest.

TOLLING CONTRACT

Take or pay contract for the conversion, processing or transporting of finished products or raw material.

TOP LINE

1. Accounting. Figure of revenue shown on an income statement. 2. Budgeting. Largest sum of money that can be expected to be allocated for a program or department.

TRADE OUT

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

TRADING ON THE EQUITY

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

TRAFFICKING

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

TRANSBORDER

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

TRANSSHIPMENT

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

TREND IMPACT ANALYSIS

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

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