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

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.

TRADING ADDRESS

Location of premises for doing business that is or isn’t the official and registered address.

TRADING AS (T/A)

Bank account designation for business and personal transactions. See doing business as.

TRADING ASSETS

Accounts receivable and payable and inventory that the 3 main financial items impacting on cash flow.

TRADING BLOC

Group of countries engaging in international trade together and are normally in a free trade agreement .

TRADING BOOK

Company’s book showing accounts for stock market shares bought and sold by the company.

TRADING CAPITAL

Money allocated by investors to buy and sell different securities as part of the strategy.

TRADING COMPANY

Firm connecting sellers and buyers but does not own or store merchandise.

TRADING DIVIDENDS

Practice where firms sell and buy each others stock in order to collect maximum dividends. Also known as dividend capture.

TRADING DOWN

Reducing number of features or product quality to bettered suit the selling price customers demand.

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