Technology: Applied Science for Industrial and Technical Advancement
Technology refers to the development and application of technical advancements derived from applied science to industries and the industrial arts. Examples include desktop computers as advances in electronic technology.
Telecommuting: Transforming Remote Work
Telecommuting involves performing job-related tasks using telecommunications to transmit data and messages to a central office without being physically present. It optimizes information processing and reduces commuting costs and organizational overhead.
Telefacsimile: Overview and Functionality
Telefacsimile, commonly known as facsimile transmission or fax, is a method of transmitting documents using telecommunication links.
Telegraph Money Order: A Method of Sending Money
Telegraph Money Order is a method of sending money urgently by placing cash with a telegraph office, which then wires the destination office to disburse the cash or an equivalent money order.
Telemarketing: Interactive Telephone Marketing
Telemarketing is the use of the telephone as an interactive medium for promotion or promotion response. This includes receiving orders, inquiries, and donation pledges in response to print and broadcast advertisements, catalogs, and direct-mail promotions.
Telephone Switching: Mutual Fund Asset Transfers via Telephone
Understanding the process of shifting assets from one mutual fund to another by telephone, either within the same family of funds or across different families of funds.
Television Support Advertisement: Enhancing Multimedia Campaigns
Television Support Advertisement: A strategic use of the television medium to boost multimedia campaigns by announcing supplementary materials and reminders.
TELEX System: Pioneering Telecommunications
The TELEX System was a groundbreaking national and international telecommunications service, allowing users to send messages from one typewriter to another. This foundational technology paved the way for modern communication methods, though it has largely been replaced by the FAX machine and other digital means.
Template: Definition and Applications
A comprehensive guide on what templates are, their types, uses in various applications such as word processing, presentations, publishing, and spreadsheets.
Ten-Year Averaging: Income Tax Calculation on Lump-Sum Distribution
A method of calculating income tax on a lump-sum distribution from a qualified benefit plan that reduces a beneficiary's tax liability. Available only to participants who were 50 years old by January 1, 1986.
Tenancy: Understanding Property Possession Rights
Comprehensive explanation of tenancy, including the right to possess real estate, lease or title, landlord-tenant relationships, and related terms such as joint tenancy and tenancy in common.
Tenancy at Sufferance: Lawful Tenant Overstaying Their Lease
A detailed examination of tenancy at sufferance, a situation where a lawful tenant wrongfully remains in possession of the property after the lease has expired, along with its legal implications, examples, and historical context.
Tenancy at Will: Definition and Implications
Tenancy at Will refers to a property tenure where the tenant's right to occupy the property is based on the mutual agreement between the landlord and tenant, and can be terminated at any time by either party.
Tenancy by the Entirety: Estate Shared by Spouses
A unique form of property ownership that exists exclusively between married couples, offering equal possession and survivorship rights.
Tenancy in Common: Ownership of Realty by Two or More Persons
Tenancy in Common refers to a form of property ownership where two or more individuals hold undivided interests in a property without the right of survivorship. Each owner's share is bequeathed as per their will upon their demise.
Tenancy In Common (TIC): Real Estate Co-Ownership Structure
A comprehensive guide to Tenancy In Common (TIC) ownership, its mechanisms, benefits, and considerations, especially in relation to Section 1031 tax-free exchanges.
Tenancy in Severalty: Sole Ownership of Property
A comprehensive guide to Tenancy in Severalty, detailing the sole ownership of property by one person or legal entity, including definitions, examples, and legal implications.
Tenant Finish-Out Allowance: Financial Support for Customizing Rental Spaces
A Tenant Finish-Out Allowance is a monetary provision offered to prospective tenants for customizing rental spaces to suit their needs. It helps in covering costs related to acquiring, building, or modifying walls, partitions, and fixtures, generally expressed in dollars per square foot.
Tenant Fixtures: Definition and Overview
Tenant fixtures are fixtures added to leased real estate by lessees, which, by contract or by law, may be removed by the lessee upon expiration of the lease.
Tenant Improvements (TIs): Customizing Leased Spaces
Tenant Improvements (TIs) refer to the modifications made to commercial properties to meet tenants' specific needs. These adjustments may range from basic structural changes to aesthetic upgrades.
Tenant Reimbursements: Essential Concept in Commercial Leasing
Tenant reimbursements refer to amounts paid by a tenant to a landlord for the tenant's share of expenses. This concept is frequently encountered in net leases and leases with stop clauses in shopping centers and office buildings.
Tender of Delivery: Definition and Implications
Tender of Delivery is the seller's act of placing goods at the buyer's disposal according to the terms of the contract. Failure to comply may result in a breach of contract.
Tender Offer: Public Offer to Purchase Shares
A tender offer is a public, open offer or invitation to all shareholders of a publicly traded corporation to tender their stock for sale at a specific price during a specified time.
Tenement: Explanation and Historical Context
An in-depth look at tenements, including their definition, types, historical significance, and modern implications.
Tenure in Land: Modes of Holding Estates in Land
A comprehensive exploration of how an estate in land is held, including historical context, types of tenure, examples, and related legal concepts.
Term: Definition and Explanation
Comprehensive definition and explanation of the term, including its applications in contracts, loans, and life insurance policies.
Term Asset-Backed Securities Loan Facility (TALF): Economic Stimulus Program
A Federal Reserve funding facility to support the issuance of Asset-Backed Securities (ABS) and promote lending to consumers and small businesses by providing non-recourse loans.
Term Bond: Bonds that Mature at the Same Date
A Term Bond is a bond from a single issue that matures on the same date. These bonds may have a call feature that allows the issuer to redeem them before the maturity date.
Term Certificate: A Detailed Explanation
A comprehensive overview of Term Certificates, also known as Certificates of Deposit (CDs), focusing on those with a long maturity date ranging from one to ten years.
Term Life Insurance: Temporary Protection
Term Life Insurance provides coverage for a specific period, offering death benefits if the insured passes away during the term while providing no residual value if the insured survives the term.
Term Loan: Intermediate to Long-Term Secured Credit
A term loan is an intermediate to long-term (typically two to ten years) secured credit granted to a company to finance capital equipment or provide working capital.
Terminal: Device for Communication with Computers
A terminal is a device that allows a user to communicate directly with a computer, typically featuring a keyboard for input and a display screen or printer for output. It is crucial for user-computer interaction, especially in command-line environments.
Terminal Value: Remaining Property Value
An in-depth look at Terminal Value, the remaining or expected remaining value of a property at the end of a projection period, including methods of calculation, examples, and its importance in financial analysis.
Terms of Trade: The Relationship between Export and Import Prices
An in-depth look at the Terms of Trade, a vital economic measure assessing the relationship between the prices a country gets for its exports and the prices it pays for its imports.
Test: Examination or Evaluation
A comprehensive overview of tests, including their definitions, types, functions, and examples in various fields such as education, marketing, and science.
Test Check: Substantiation of Items in Financial Records
Test checking involves the examination of selected items in financial records to form an opinion on the accuracy of the entire account or financial record.
Test Market: Introduction and Evaluation of New Products
A test market is a selected geographic location for introducing a new product, new advertising campaign, or both, allowing for performance evaluation on a smaller scale before broader implementation.
Test Marketing: A Crucial Step in Product Development
Test marketing is a pivotal phase in the product development process, allowing companies to gauge consumer reactions and refine strategies before a full-scale launch.
Test Statistic: Essential Metric in Hypothesis Testing
A comprehensive overview of test statistics, their importance in hypothesis testing, types, uses, historical context, applicability, comparisons, related terms, and frequently asked questions.
Testament: Legal Document for Disposing of Personal Property
A comprehensive overview of a testament, a legal document used to dispose of personal property after death. Commonly referred to as will or last will and testament.
Testamentary Powers of Appointment: Detailed Explanation
A comprehensive explanation of testamentary powers of appointment, including their definition, types, special considerations, examples, historical context, and related legal concepts.
Testamentary Trust: A Trust Created by a Will
A testamentary trust is established through a will and takes effect upon the grantor's death, distinct from an inter vivos trust created during the grantor's lifetime.
Testate: Having Made a Valid Will
Testate refers to a person who has made a valid will, detailing how their estate should be distributed after their death. This is in contrast to dying intestate, where the deceased has not left a will.
Testator (Testatrix): A Person Who Makes a Will
A comprehensive overview of the role and legal implications of being a testator or testatrix, including historical context, types of wills, and its importance in estate planning.
Testimonial: Statement of Worth or Value
A comprehensive understanding of testimonials and their significance in advertising by providing a statement of worth or value by a respected source.
Testimonium Clause: Ensuring the Validity of Deeds
The testimonium clause in a deed or other conveyance acts as a formal attestation of the document, citing the act and date. This ensures all details, from names to legal descriptions, are correct before signing.
Texas Instruments: Pioneer in Semiconductors and Electronic Equipment
Texas Instruments (TI) is a leading manufacturer of semiconductors and computers, renowned for developing the first working integrated circuit. Founded in 1947, TI has been pivotal in miniaturizing electronic equipment and continues to produce a wide range of electronic devices.
Theory X: Management Theory by Douglas McGregor
Theory X is a management theory developed by Douglas McGregor, stating that managers must coerce, cajole, threaten, and closely supervise subordinates in order to motivate them. It represents an authoritarian supervisory approach to management.
Theory Y: Modern Management Motivation Perspective
Detailed exploration of Theory Y, a management approach that believes employees are inherently motivated, creative, and seek responsibility under the right conditions.
Theory Z: A Japanese Management Approach
Theory Z: Management theory developed by William Ouchi, describing a system characterized by worker involvement, high productivity, and rewards. This approach bridges Japanese and American management styles and promises universal applicability.
Thinking Outside the Box: Breaking Away from Conventional Thought
An in-depth exploration of the concept of Thinking Outside the Box, including definitions, types, examples, historical context, and applicability in various fields.
Thinking Programs: Computer Software for Accountants
Detailed overview of thinking programs - software used by accountants for preparing written reports, management letters, and specialized analyses, enhancing writing skills.
Third Market: Non-exchange-member Broker-Dealers and Institutional Investors Trading Over-the-Counter in Exchange-Listed Securities
The Third Market involves non-exchange-member broker-dealers and institutional investors engaging in over-the-counter (OTC) trading of exchange-listed securities, offering an alternative trading platform with benefits such as lower transaction costs and extended trading hours.
Third World: Understanding Underdeveloped Countries
Comprehensive coverage of Third World or Underdeveloped Countries, their historical context, socioeconomic attributes, and contemporary relevance.
Third-Generation Computer: A Leap in Technological Evolution
Third-Generation Computers, which incorporated integrated circuits, marked a significant advancement in computing technology, paving the way for more efficient, faster, and smaller computing devices.
Third-Party Sale: Intermediary Transactions in Real Estate and Beyond
A third-party sale involves a transaction where an agency acts as an intermediary between a buyer and a seller. This entry explores the intricacies of third-party sales, their applications, and related terms such as listing broker.
Thomson Reuters: Pioneers in Information Services
Thomson Reuters, established in 2008, is a worldwide provider of critical information to businesses and professionals. This entry explores the company's history, divisions, and major brands.
Thread: Series of Bulletin Board or Newsgroup Postings
A thread is a series of bulletin board or newsgroup postings that discuss a particular topic, including a sequence of related replies and discussions.
Thrift Shop: Retail Store Selling Second-Hand Goods
Thrift shops are retail stores that sell second-hand goods at reduced prices. Often associated with churches and charitable organizations.
Thrifty: Frugal, Economical, and Sparing
A Thrifty person or purchase is characterized by being frugal, economical, or sparing. It signifies good value for the price.
Through Rate: Total Cost of Shipping Goods with Multiple Carriers
An in-depth exploration of the concept of 'Through Rate,' detailing its calculation, types, historical context, applicability, related terms, and FAQs.
Tick: Upward or Downward Price Movement in a Security's Trades
An in-depth explanation of the tick in stock trading, describing its significance, types, and usage by technical analysts to determine price trends.
Tick Marks: Symbols Used in Accounting and Auditing
Tick marks are symbols used by auditors to indicate the completion of specific operations in auditing processes, such as verifying numbers on a trial balance with source documents or checking the addition of numeric columns.
Ticker Symbol: Financial Market Identifier
A Ticker Symbol is a unique series of letters assigned to a security or stock for trading purposes on a particular stock exchange.
Ticker System: Running Report of Trading Activity
A comprehensive overview of the ticker system, including its function in providing real-time trading activity reports, historical context, and modern applications in stock exchanges.
Ticker Tape: Financial Information Transmission
Ticker tape historically refers to the paper strip on which stock price quotes were transmitted by telegraph machines. Nowadays, the term is often used to describe the continuous stream of price quotes seen on financial news channels.
Tight Market: A Comprehensive Overview
A detailed examination of tight markets, characterized by active trading and narrow bid-offer price spreads, in contrast to slack markets with inactive trading and wide spreads.
Tight Money: Economic Condition
An economic condition characterized by difficulty in securing credit, often due to actions by the Federal Reserve Board to restrict the money supply.
TILL: Cash Register, Drawer, or Storage Location
A TILL is a key component in business operations where money is stored temporarily, typically involving activities like retail transactions.
Time and Billing Software: Efficient Tracking of Hours and Expenses
Time and Billing Software is a computer program that tracks hours spent by various functions and chargeable expenses of staff accountants for a given client. This software uses sources such as hourly rates, time sheets, practice, and time management reports to generate detailed accounting reports and client bills.
Time Deposit: Fixed-Term Savings Account
A Time Deposit is a savings account or certificate of deposit held in a financial institution for a fixed term, typically with withdrawal restrictions or penalties for early access.
Time is of the Essence: Legal Significance in Contracts
Understanding the phrase 'Time is of the Essence' in legal contracts, its implications, and usage to ensure timely performance of contract obligations.
Time Management: Achieving Maximum Productivity
A comprehensive exploration of techniques, theories, and best practices for effective time management aimed at maximizing productivity and minimizing wasted time.
Time Value: Understanding the Significance
Time value is the price put on the time an investor has to wait until an investment matures, determined by calculating the present value of the investment at maturity.
Time Value of Money: Understanding Its Core Concepts and Applications
The concept that money available now is worth more than the same amount in the future due to its potential earning capacity. Integral to financial computations involving imputed interest and original issue discount.
Time-Sharing Computers and Real Estate: Dual Utilization of Shared Resources
Time-sharing in computing and real estate signifies a method of sharing resources among multiple users, be it computing resources via a mainframe or property ownership in real estate.
Timekeeper: Guardian of Time Records
Detailed overview of the role of a timekeeper, a traditional clerical function responsible for recording and monitoring employees' working hours within an organization.

Finance Dictionary Pro

Our mission is to empower you with the tools and knowledge you need to make informed decisions, understand intricate financial concepts, and stay ahead in an ever-evolving market.