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

TAX DISTRICT

An area geographically, with the same calculations for tax.

TAX JURISDICTION

An area, city, municipality, county, country with its own distinct regulations for taxation.

TAX LIABILITY

Tax payer incurred debt to the government. Short term liability.

TAX WAIVER

Document issued by the state specifying that the tax department will transfer stock as it has indicated.

TAYLOR WAGE SYSTEM

Compensation for work completed where the price paid per piece increases with the number produced. See Taylors.

TAYLORISM

Early introduction in the 20th century that was an efficient method breaking every action or task into simple and small parts that can be taught and analysed.

TCP/IP STACK

Computer code augmenting or extending capabilities of TCP/IP where socket software is provided.

TEACHING POINT

1. The smallest part of information that can be imparted as a self-contained unit to the learner.2. Singular statement of a fact or a step-in a process for performing a task.

TEAM BUILDING

1. Philosophy of designing a job where employees are viewed as the members of inter-dependent teams instead of individual workers. 2. Ability to identify and then motivate an individual employee to be

TEAM DEVELOPMENT

Enhancement of work group effectiveness by improving clarification of roles and goals.

TEAM LEADER

Member from the team selected to represent, make decisions, and resolve any conflicts within the group.

TEAM ROLES

Role types; Coordinator/ Chairman; Completer/Finisher; Implementer; Monitor/Evaluator; Plant; Resource Investigator; Shaper; Specialist; Team worker.

TEAM STAGES

Team building has 4 stages; Forming; Flailing; Norming; Performing.

TEAMING ARRANGEMENT

Agreement between company’s to act together to be the prime contractor for joint bidding, proposal or quote.

TEAMWORK

Process of collaboration of people to attain a goal.

TEAR SHEET

Magazine or newspaper ad that is removed and sent to the advertiser as proof of being in the paper or magazine.

TEASER AD

Front runner for an advertising campaign revealing only a small amount of information about the product or advertiser.

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