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

THROUGH RATE

Charge for a flight involving more than a single airline and changing air craft.

THROUGHPUT

1. General. Productivity of a process, machine, procedure or system over a period of time and is expressed as a figure of merit such as output per hour, cash turnover or shipped

THROUGHPUT CONTRACT

Take or pay contract in gas and oil industry often used as an indirect guarantee for financing.

THROUGHPUT TIME

Time needed for material, subassembly or part to move through a manufacturing process. Full name is manufacturing throughput time.

THROWAWAY

Handbill or flier handed out to people on the street, placed in magazines and papers as a way of promotion.

THUMBNAIL IMAGE

1. Commercial printing. A small rough sketch representing a proposed layout. Also called squish, French for sketch. 2. Desktop printing. A smaller image of a page or graphic making it easier to

TIAA-CREF

Abbreviation standing for Teacher’s Insurance Annuity Association-College Requirement Equities Fund.

TICK MARK

A notation made on an accounting sheet showing it has been reviewed by an auditor.

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.

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