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

Category: T

THINK TANK

A research institute that is staffed with experts that are engaged for discussing policy issues of government and business.

THRIFT PLAN

Plan for retirement including an employee savings feature.

TIER

Plot of land that measures 6 miles wide, extends east-west and numbered in north-south according to the distance from base line in a rectangular survey system.

TIME LIMITS

Length of time an insured has in order to put in a claim.

TIME SERIES ANALYSIS (TSA)

Technique of trend extrapolation based on an assumption that ‘ the best estimate for tomorrow is the continuation of yesterday’s trend’.

TIMESHARE

Ownership that involves the purchase of a time or percept interest in a holiday property.

TOME

AN unusually heavy and large book or a volume from a collection that is often for scholars.

TOP LINE GROWTH

Reference to a firm’s overall revenue growth and not just one segment of growth.

TOTAL VALUE

Total of expenditure to be incurred along with the price of purchase.

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

TRIMMED MEAN

Method of averaging designed to reduce effects of outlier statistics.

TRUE CAPACITY

Actual capacity of a machine, factory, process or production line to generate output under given constraints of material availability and a sustainable speed.

TRUTH IN SAVINGS

Legislation in some countries like Federal Deposit Insurance Act 1991 In USA. All details moist be made clear to the depositor of the conditions of deposit.

TWIP

Unit of distance in computer graphics equal to 1/72 of a point,1/1440 inch, 17.64 micrometres or 0.70 Q.

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