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

TSX VENTURE EXCHANGE

Canadian regulated market place where oil, mining, gas, technology, manufacturing and financial services businesses raise investor capital. Toronto Stock Exchange.

TUNING

Process of adjusting parameters of a device or model to get the desired result.

TUNNELING

Technique in digital communications where data or signals are received in one format and are then converted to another format by embedding a protocol. Also known as encapsulation.

TURING TEST

Test that is used to evaluate a machine’s level of intelligence. Named after Alan Turing.

TURNAROUND

Sustained and positive reversal of negative market, firm, economy performances.

TURNDOWN SERVICE

Hotel room service where a room is freshened up and beds are turned down when guests are away from the room.

TURNKEY PRICING

Variant of cost plus pricing where a firm accounts for a fixed price and adds money paid to the suppliers to mark-up the service or goods.

TURNOVER

1. Accounting. (1) Volume of annual sales that is net of taxes and discounts. (2) Number of times an asset revolves or is replaced in a period of accounting. 2. Human resource

TUTORIAL

Program of instruction that is self-paced and provides information in a learning unit.

TWEENS

Term in marketing referring to the re-teens between the ages of 8 and 12.

TWEET

Term given to the short, 140 character messages placed on Twitter.

TWIP

Unit of distance in computer graphics equal to 1/72 of a point,1/1440 inch, 17.64 micrometres or 0.70 Q.

TWISTING

Deceitful sales practice where incomplete and inaccurate comparison is made between 2 products or firms to make people buy one in favour of the other.

TWO BIN SYSTEM

Method of inventory control where a first bin is filled and an order is made to replenish it.

TWO STEP FLOW MODEL

Marketing strategy where messages that are not personal are first sent to the opinion leader then passed to the consumer.

Topic Archives:

Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.