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

Category: T

TENANT IN DOWER

the term that is given to a widow who holds property by a virtue of the right of a wife to her husband’s property. See dower rights.

TVIAL SEPARATE

a suit where one of the defendants asks for a separate trial from the others.

TRIAL TERM

the term applied to the part of a court’s work that is concerned with jury trials.

TWO-WITNESS RULE

a rule in some states where the death penalty is used that at least 2 or more witnesses need to testify to a persons guilt.

TRUST DIRECT

a clear and definite trust that differs from an implied or a constructive trust.

THIRD MORTGAGE

a mortgage that is the subject to the first and second mortgage.

TRIAL BY PROVISO

situation where the defendant has the case tried even though the plaintiff has not pursued the charges made.

TRIAL AMENDMENT

the answer that a defendant files during a trial for an additional plea that has come out of the case.

TIDE LAND

the term that is used to describe land that is inundated by water as the tide comes and is uncovered when the tide turns and goes out.

TRUE BILL

an agreement of a grand jury with a prosecuting attorney that an indictment needs to be made against the accused person. “true bill” is stamped on the document.

TOURISM

Marketing all of the positive and enjoyable features of a destination for travelling to.

TRADING ACCOUNT

1. Account with a broker enabling the individual to buy and sell securities. 2. Section of an income statement showing the way gross profit was made through trading actions.

TRADING POST

Area located on the trading floor of an stock exchange where a specialist will conduct a live cry out auction.

TRAILING RETURN

Comparing investments against each other for a set period of time to see profits earned.

TRANSITORY ACCOUNT

Account serving as a holding account till all funds are moved to the appropriate accounts.

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