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

Category: T

TRADING VOLUME

Total number of shares traded in one day for a market security.

TRAINING SUPPORT

Equipment, devices and aids used to facilitate an operation’s efficiency and maintenance of the system or process.

TRANSPARENCY

1.Clear see through piece of thin acetate used to project an image onto a screen. 2. A lack of any hidden agendas with all information being available. 3. Degree of disclosure is

TREE TOPOLOGY

Scheme of network cabling where hubs are connected together in succeeding levels providing redundancy. Also known as cascaded star topology or tree network.

TRIBOLOGY

Science of lubricants, lubrication and friction.

TROPICAL RAIN FOREST

Dense forest of trees that are evergreen that grow in regions of heavy rainfall at tropical latitudes, Borneo, Amazon, Basin, and warm temperate latitudes, Australia, Florida etc. Diverse and complex with great

TRUNCATION ERROR

Error caused by leaving off decimal point digits and rounding the number. For example 99.987 becomes 99.98 or 99.9.

TWO WAY STRETCHING

Action of introducing a new product into an existing line of products at both a high and low price so all consumers will see it.

TYPESETTING

Composing of a text or display of reading matter into a computer or a physical type for the intended audience, reproduction method and use.

TACIT COLLUSION

The circumstances of 2 companies agreeing upon a strategy that is not put in writing .

TAKT TIME

An adjustable time unit used for production that will synchronize production rate with demand rate. German term referring to the beat of music.

TANGIBLE REWARDS

Monetary or material incentive that can be translated into a value of cash.

TARIFF RATE

A rate that is derived from data in a tariff of rates such as rating tables and schedules.

TACIT KNOWLEDGE

Unspoken, unwritten and hidden store of knowledge held by every human being that is based on experiences, emotions, intuitions, insights and observations.

TALENT

1. Natural ability to excel in a duty or action. 2. Group of people with an aptitude for certain tasks.

TANKAN SURVEY

Survey of Japanese businesses done 4 times each year by the Bank of Japan.

TARGET MARKETING

Identifying the market to target after research and the development of a specific campaign.

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