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

U.S. TREASURY BILL

US government backed debt obligation with a maturity of less than a year. Also known as Till.

TROJAN HORSE

Computer program that appears to be legitimate and useful but is secretly performing illegal and destructive functions.

U CHART

Chart for quality control where number of events, subgroup changes are noted.

TWO TIER MARKET

System of exchange rates where a country sets one rate for flow of capital and another rate for present account transactions.

TRUST ENFORCER

The appointed overseer of the trust acting on behalf of the trust.

ULTRA VIRES

A body exercising an invalid excess or power of authority.

ULTRASOUND

Sound waves that have a frequency above 20,000Hz and cannot be heard by humans.

TWO-NAME PAPER

Nickname that is popular and given to trade paper acceptances that has 2 signatures, the author and the endorser.

TYPE 1 ERROR

Error where it is believed that a difference is observed or exists when there is no difference.

TYPESIZE

Height of a type character in points. A point is 1/12 inch.

TYPOGRAPHY

Study of design of typefaces and how a page can best be laid out.

UBIQUITOUS

Seeming to be everywhere or existing everywhere; omnipresent.

TURNOVER

1. Accounting. (1) Volume of annual sales that is net of taxes and discounts. (2) Number of times an asset revolves or is replaced in a period of accounting. 2. Human resource

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