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

TOUCH LABOR

The hands-on production that is reasonable to be assigned to a piece of work

TOUCH TONE

General term for a push button telephone using dual tone multi frequency instead of pulse dialling.

TOUGHNESS

A material’s property enabling it to absorb and distribute large energy amounts from repeated shocks or impacts before it begins to deform, fracture or fail.

TOURISM

Marketing all of the positive and enjoyable features of a destination for travelling to.

TOWING COSTS

Optional insurance covering towing of a vehicle a pre-determined distance.

TOWNHOUSE

Housing unit for a one family that is 2 to 3 stories tall.

TOXIC DOSE

Quantity where a substance will produce a harmful effect. See toxic concentration.

TRACE ELEMENTS

Elements such as cobalt, iron, manganese, copper, zinc, selenium occurring in very small amounts, often less than 1 to 10 parts per million, necessary for a living organisms growth, health and development.

TRACEABILITY

1. Accounting. Ability of tracking a piece of financial information in recorded data or with an audit trail. 2. Cost accounting. Ability of assigning a direct cost to an activity based on

TRACEABLE COST

Expense assigned to an activity or cost object based on cause and effect relationships.

TRACER

Inquiry that is started to trace a piece of information back to the document it originated from, or to find a shipments that is lost or delayed.

TRACING

1. Accounting. Following a pike of information back to the document it originated in.2. Cost accounting. Assigning a cost to an activity based on cause and effect.

TRACK RECORD

Builder’s or developer’s reputation to produce in an economical and timely basis.

TRACT HOUSE

A house in a development that is similar to other houses in the area.

TRADE OUT

Arrangement of barter where services and goods can be exchanged for other services and goods.

TRADE REGIME

System of non-tariff and tariff barriers aimed to strengthen local producers competitiveness.

TRADEMARK (??

The distinctive design, logo, graphics, words and symbols used to identify a product or service that guarantees the genuineness of the item.

TRADEOFF

Technique to reduce or forego desirable outcomes to maximize return and effectiveness.

TRADING ACCOUNT

1. Account with a broker enabling the individual to buy and sell securities. 2. Section of an income statement showing the way gross profit was made through trading actions.

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