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

TRADITIONAL IRA

Tax qualified account for savings allowing the account holder to put aside money for retirement.

TRADITIONAL OPTION

UK sold option where there isn’t a secondary market but is able to be sold back to the original principal or a counter party.

TRAFFIC BUILDER

Attractions or promotional campaign that is aimed at increasing shopper numbers passing through a mall or store in business hours.

TRAFFICKING

The carrying on of an illegal commercial activity such as selling drugs or substances that are banned.

TRAGEDY OF THE COMMONS

Archetypal phenomenon that attempts to exploit the system that will turn out to be self-defeating.

TRAILING

Evaluating an investment for a set period of time no longer than a year.

TRAILING P/E

Ratio of a company’s price to earnings for the trailing 12 months, TTM.

TRAILING RETURN

Comparing investments against each other for a set period of time to see profits earned.

TRAILING STOP

Stop order where the stop price moves with trading prices of the security.

TRAINING

Organized activity aiming at imparting instructions and information that will improve the recipient’s performance or to reach a level of skill or knowledge.

TRAINING FIDELITY

Extent where skills and attitudes are acquired in a training program and can be transferred to the working environment.

TRAINING SUPPORT

Equipment, devices and aids used to facilitate an operation’s efficiency and maintenance of the system or process.

TRAIT

Element of a person’s make up serving as an explanation of personal characteristics.

TRAIT THEORY

Measurement of a person’s patterns of habit, thought and emotions.

TRANSACTION ACCOUNT

Deposit account the holder can make transfers or withdrawals from to third parties.

TRANSACTION PROCESSING

1. Commerce. Sequence of steps involved to receive an order, verify terms and payment methods and ship or deliver the goods. 2. Computing. Processing the request of a user one at a

TRANSACTIONAL LEADERSHIP

Leadership style based on clear setting of objectives and goals and use of rewards and punishment to encourage goal compliance.

TRANSBORDER

Movement of goods overland from one country to the adjacent country.

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