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

Category: T

TABLOID

A newspaper that is roughly half the size of a regular paper, 12×14 inches in size.

TAILORING

Adaptation of requirements to current needs of operation by deleting, modifying and supplementing without any deviation from the norm. See also deviation.

TANGIBLE COST

The amount that is assigned to the area of business operations like supply payment.

TARGET FINISH DATE

Calendar date when a project is to be completed. It starts as an estimate and may be changed as the date nears.

TARGETING STRATEGY

Selection of customers by a business wishing to sell services or products. Use market segments and choosing which ones to target.

TABULAR

A term referring to anything that is derived from or having to do with tables.

TAKEOUT COMMITMENT

Written promise where the lender provides long term financing to replace a short term loan or bridge finance. Also known as Takeout agreement opt Takeout loan.

TANGIBLE NET WORTH

A firm’s equity capital calculated by deducting liabilities, prepaid expenses, goodwill and start up and deferred costs from a net total of assets.

TARGET INCOME

Amount of revenue that a company wants to generate in the current accounting period.

TARIFF ANOMALY

Situation where import duties on raw materials, components or partly completed goods are greater than on the finished goods. See tariff escalation.

TABULAR PLAN

A rating plan deriving a formula for rating from various tables.

TAKEOVER BATTLE

The circumstances where one company resists its acquisition by another company.

TARGET LEVERAGE RATIO

The money amount that a company can pay off for expenses and not compromise the revenue earned.

TARIFF CONCESSION SCHEME

The Australian Tax that is levied on all imported goods that do not contain any materials that have been produced locally.

TACACS

Terminal Access Controller Access control System. Security protocoling authenticating and identifying computer identities. Developed by Cisco Systems as an alternate to RADIUS.

TAKES PRICE

The amount that a seller needs to raise for a buyer; or the price that needs to be lowered for the seller so the counter party will accept the offer.

TARGET MARKET

The particular segment of the market that is the focus for a marketing campaign.

TARIFF ESCALATION

Situation where import duties on components are lowest and then they increase towards the finished goods. See tariff anomaly.

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