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

TRIPLEX

Building with 3 townhouses or apartments.

TRUSTED THIRD PARTY

Reputed, responsible and established fiduciary body all parties accept from an agreement, transaction or deal.

TRUE GROUP INSURANCE

Policy of insurance for a group that is issued with master contract and insurance certificates and not policy contracts.

TRUNCATION

1. Accounting. Leaving off digits that lie to right of a decimal point. 2. Banking. Shortening processing time of cheques. 3. Computing. Cutting off the last string number as it is too

TREND ANALYSIS

Analysing method of time series data involving comparisons of the same item over a long period to detect general relationships with associated factors and to project the patterns future direction.

TRUE-UP

Ensuring that totals for each line item match with the credit and debit accounts.

TRIGGER POINT

A change represented by crossing a threshold that will start a reaction and lead to a different end result.

TUNNELING

Technique in digital communications where data or signals are received in one format and are then converted to another format by embedding a protocol. Also known as encapsulation.

TRUTH IN LENDING

Legislation in some countries like the Home Mortgage Disclosure Act 1968, Consumer Credit Protection Act 1969 in USA. The lender must make clear all conditions and details of a loan.

TUNING

Process of adjusting parameters of a device or model to get the desired result.

TRUNK

Common telephone circuit connecting 2 switch systems, one at the exchange anode at the person calling.

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.

TRUE LEASE

Lease arrangement for many years where landlord retains ownership but the tenant keeps possession of the property for the lease term.

TRUSTED DOMAIN

Web site or portal acting as a trusted third party between buyers and sellers.

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