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

Category: T

TARIFF ESCALATION

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

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.

TARIFF RATE QUOTA

The import quota allowing a limited quantity of merchandise to enter a country that is to be consumed at a tariff at a reduced rate. Tariff quota.

TACTICAL

Pertaining or involving ends, actions or means that are short term or immediate in duration and of lees importance than strategy.

TALL ORGANIZATION

The pyramid type of organization with a relatively high number of ;levels in the hierarchy. Opposite to a flat organization.

TANKTAINER

A tank that has been built on a standard 20 foot frame of a container in order to transport liquids.

TARGET ORGAN EFFECT

Symptoms and signs that are produced by substances that will injure a certain part of the body or organs.

TARIFF SCHEDULE

The list of prices, rates and charges that have ben arranged in some sort of order and are published. See import tariff schedule and shipping tariff schedule.

TACTICAL PLAN

Steps and tactics required to achieve goals defined in the strategic plan.

TAMPERING

1. Law. Improper or illegal alteration with evidence or documents, meddling with a witness. 2. Quality control. Adjusting a process continually in order to compensate for output variations.

TANNING

A chemical treatment that removes any soft, perishable proteins from animal hides and skins that convert it into a durable and flexible leather.

TARGET ORGAN TOXIN

A substance that won’t effect the whole body but will attack an organ or body system.

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