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

TECHNOLOGY

Information application to design, production and utilization of services and goods and organizing human activities.

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

TED SPREAD

Treasuries Over Euro Dollar Spread. Wall Street term applied to the gap existing between interest rates on US securities and dollar deposits held outside of the US.

TELLER’S CHECK

Bank written cheese on funds at another institution and signed by the teller. See cashier’s cheese.

TARIFF SCHEDULE

The list of prices, rates and charges that have ben arranged in some sort of order and are published. See import tariff schedule and shipping tariff schedule.

TASK SIGNIFICANCE

The extent of the importance of an identifiable piece of work to other s within and outside of the organization.

TARIFF CONCESSION SCHEME

The Australian Tax that is levied on all imported goods that do not contain any materials that have been produced locally.

TARGET RISK

The prospective holders of policies that are divided by age, race, sex and other demographic factors.

TAX AVOIDANCE

The lawful tax liability minimization that occurs from a sound financial plan. Tax avoidance is legal but tax evasion is not.

TARIFF WAR

The counter balancing of tariff rates by one country that is a retaliatory act in relation to another country to gain advantages in trade.

TAX ACCOUNTING

The accounting practices that incorporate laws for taxation that is regulated by the IRS.

TARGET START DATE

The calendar date when a goal or project is to be started. The date is initially an estimate that adjusts as the day nears for the launch of the new endeavor.

TAX CERTIFICATE

The proof of payment of taxes due on a property or income that is official.

TARGETING STRATEGY

Selection of customers by a business wishing to sell services or products. Use market segments and choosing which ones to target.

TARGET VALUE

The output that is aimed for from process or the results aimed for in admeasurement.

TARGET POPULATION

The particular group of people that have been identified as the recipient of a campaign, product or advertisement.

TARIFF ANOMALY

Situation where import duties on raw materials, components or partly completed goods are greater than on the finished goods. See tariff escalation.

TASK

The essential and smallest part of a job that is a unit of work differentiating from other parts of the project.

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