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

TOLL CALL

Phone call made from outside the exchange area and charged on a per minute basis.

TOLL FREE CALL

Long distance call paid for by the person being called. Free call in UK.

TOLL MANUFACTURING

Arrangement where a company will process raw materials or partly completed goods for another company. Also known as toll processing.

TOLLING CONTRACT

Take or pay contract for the conversion, processing or transporting of finished products or raw material.

TOME

AN unusually heavy and large book or a volume from a collection that is often for scholars.

TON MILE

Transporter’s revenue unit equal to one ton of cargo moved one mile.

TON OF REFRIGERATION

Refrigerator are air conditioner’s cooling capacity equal to 12,000 British thermal units, Btu, per hour.

TONE

1. Marketing. Emotional feeling or mood associated with a product. 2. Trading. Sentiment of the current market.

TONER

An ink that is a very fine powder and used in laser printers and copiers.

TONNE OF COAL EQUIVALENT (TCE)

Unit of energy that is generated by burning one metric ton of coal that is equivalent to burning 5.2 barrels of oil, 890 cubic meters of gas that is 29.39 GJ, 27.78

TONTINE ANNUITY

Joint annuity where the amounts received by beneficiaries increases as number of beneficiaries decrease. Also known as Last survivor annuity.

TOOL

An implement or item that is used for a set purpose.

TOOLING

Manufacturing or working aids like cutting tools, dies, gauges etc., of a specialized nature whose use is limited to a certain line of production or a job.

TOOLING COSTS

Manufacturer or contractor incurred expenses in acquiring tooling needs to complete a contract or production line process.

TOOLUP

Production process stage where all tools have been tested and are in place .

TOP DOWN

1. Communications. Where an employee is given information on prospects of actions and then given feedback. 2. Decision making. Approach where results are decided upon first and then the method to get

TOP KILL

Procedure to try to stop an oil well from leaking. Large amounts of drilling mud are pumped back into the well under high pressures.

TOP LEVEL DOMAIN NAME

Unique internet address with designation showing country of origin determined by ISO 3155. If no country listed it is a US name.

TOP LINE

1. Accounting. Figure of revenue shown on an income statement. 2. Budgeting. Largest sum of money that can be expected to be allocated for a program or department.

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