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

TICKER

Term referring to a narrow strip of paper or display electronically where quotes are streamed along.

TICKER TAPE

Stock symbols on a moving strip with volumes and prices shown at the bottom of a TV screen.

TIE IN SALE

Arrangement of marketing where the supplier of a goods or service in demand sells it on a basis that the buyer will also buy another goods or service.

TIER

Plot of land that measures 6 miles wide, extends east-west and numbered in north-south according to the distance from base line in a rectangular survey system.

TIGHT MONETARY POLICY

Supply of Monet restriction by the central bank by tightening credit qualifications, selling government bonds and or raising bank’s reserve needs.

TIGHT MONEY

Money that is borrowed at high rates of interest due to a tight monetary policy. Also known as dear money and is the opposite of easy money.

TIME AND ATTENDANCE

Method used to track and gather information on the time an employee spends on the job.

TIME AND MATERIALS (T&M) CONTRACT

Arrangement where a contractor is paid based on cost of direct labour and cost of materials, using equipment and an agreed upon additional payment covering contractor’s profits and overheads.

TIME BAR

Stoppage put on exercising a claim or judgment after a period that was established by a law or custom.

TIME CARD

Document showing hours worked by an employee.

TIME CHARTER

Vessel or vehicle used for transporting for a fixed time period and the number of trips. See voyage charter.

TIME HORIZON

Length of time needed for a plan or project to be completed in, success of an endeavour, yields from investments, right to mature etc.

TIME IMMEMORIAL

Period way back in time where there is no recollection or record to prove a custom, right or claim. In UK a statute of the year 1275 saying that time before King

TIME LIMIT ON CERTAIN DEFENSES

Limits time length the insurer can claim that the insured’s condition was pre-existing that wasn’t mentioned at time insurance began.

TIME LIMIT ORDER

Customer order setting a time limit after which the order will be cancelled.

TIME LIMITS

Length of time an insured has in order to put in a claim.

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