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

TRANSFORMER

Device that changes an alternating current, AC, from one voltage to another by using electromagnetic induction.

TRANSISTOR

Small solid state semi-conductor that regulates flow of electric current.

TRANSIT ITEM

Draft or cheese not issued by the bank it is being deposited in.

TRANSIT VISA

A short term visa that allows a person to travel through one country on the way to another.

TRANSIT ZONE

Free trade zone where port of entry is the distribution center and storage center for a country that is landlocked or has no cargo handling facilitates.

TRANSITORY ACCOUNT

Account serving as a holding account till all funds are moved to the appropriate accounts.

TRANSITORY RECORDS

Correspondence and routine documents that have a short life span or value and are not integral to operations.

TRANSLATOR

Processor of programming language converting a computer program from one language to another.

TRANSPARENCY

1.Clear see through piece of thin acetate used to project an image onto a screen. 2. A lack of any hidden agendas with all information being available. 3. Degree of disclosure is

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