Business terms starting with T

149 terms

T-Bill (Treasury Bill) Short-term, highly liquid government securities issued at a discount from the face value and returning the face amount at maturity.
Tailgating When a broker places your order for a security, and then immediately places an order for his or her own account for the same security, the broker is…
Take out loan The permanent (long term) financing of real estate after completion of construction. See "construction loan."
Target date fund A target date fund is a fund of funds that allows you to link your investment portfolio to a particular time horizon, typically your expected retirement…
Target risk fund A target risk fund is a fund of funds that maintains a specific asset allocation in order to provide an essentially level exposure to investment risk.
tariff A tax on products imported from foreign countries.
Tax and insurance escrow An account required by some mortgage lenders to fund annual property tax assessments and hazard insurance premiums for the mortgaged property.
tax avoidance An action taken to lessen tax liability and maximize after-tax income.
Tax Benefit Includes deductions, exclusions from gross income, nonrecognition of gain, tax credits, adjustments (or the absence of adjustments) to the basis of…
Tax bracket A tax bracket is a range of income that is taxed at a specific rate. In the United States there are six brackets, taxed at 10%, 15%, 25%, 28%, 33%, and…
tax code The official body of tax laws and regulations.
Tax Credit A tax credit is an amount you can subtract from the tax you would otherwise owe.
Tax credit, Tax depreciation, Tax relief Tax incentive programs designed to encourage, stimulate, or subsidize the ownership of real estate.
tax cut A reduction in the amount of taxes taken by the government.
tax deduction An amount (often a personal or business expense) that reduces income subject to tax.
tax deed A written document conveying title to property repossessed by the government due to default on tax payments.
Tax deferred A tax-deferred account allows you to postpone income tax that would otherwise be due on employment or investment earnings you hold in the account until…
tax evasion A failure to pay or a deliberate underpayment of taxes.
Tax exempt Some investments are tax exempt, which means you don't have to pay income tax on the earnings they produce.
tax exemption A part of a person's income on which no tax is imposed.
Tax Haven A tax haven is a country, which provides a no-tax or low-tax environment. The U.S. is considered a tax haven by some countries.
tax liability (or total tax bill) The amount of tax that must be paid. Taxpayers meet (or pay) their federal income tax liability through withholding, estimated tax payments, and payments…
tax preparation software Computer software designed to complete tax returns. The tax preparation software works with the IRS electronic filing system.
tax savings The deduction a taxpayer can take on their tax form for interest paid on a home mortgage.
Tax Shelter Is a partnership or other entity, any investment plan or arrangement, or any other plan or arrangement, if a significant purpose of the partnership…
tax shift The process that occurs when a tax that has been levied on one person or group is in fact paid by others.
Tax-efficient funds When a mutual fund minimizes the income earnings and capital gains it distributes to its shareholders, it may be described as a tax-efficient fund.
tax-exempt interest income Interest income that is not subject to income tax. Tax-exempt interest income is earned from bonds issued by states, cities, or counties and the District…
Tax-free exchange A transaction in which a property is traded for the promise to provide a replacement like-kind property in the near future.
taxable interest income Interest income that is subject to income tax. All interest income is taxable unless specifically excluded.
taxes Required payments of money to governments that are used to provide public goods and services for the benefit of the community as a whole.
Taxes and Insurance Funds collected as part of the borrower's monthly payment and held in escrow for the payment of the borrower's state and local property taxes and…
Taxes from the rest of the world Includes some taxes on production and some current transfers. The source data do not permit the reliable separation of the taxes on income.
Taxes on production and imports Consists of Federal excise taxes and customs duties, state and local sales taxes, property taxes (including residential real estate taxes), motor vehicle…
Teacher and Employee Retention Incentive (TERI) Program Active SCRS members eligible for service retirement may participate in the TERI program , which allows an SCRS member to retire and begin accumulating his…
Teaser rate A teaser rate is a low introductory interest rate on a credit card or an adjustable rate mortgage (ARM).
Technical analysis Technical analysts track price movements and trading volumes in various securities to identify patterns in the price behavior of particular stocks, mutual…
Technical Assistance Grants (TAG) A Technical Assistance Grant (TAG) provides money for activities that help communities participate in decision-making at eligible Superfund sites.
Technical Assistance to Brownfields Communities (TAB) Technical Assistance to Brownfields Communities (TAB) helps communities to clean and redevelop properties that have been damaged or undervalued by…
Technical failures Technical failures are minor violations which do not result in or cause substantive violations of the statute.
Technical Outreach for Communities (TOSC) Technical Outreach for Communities (TOSC) uses educational and technical resources to help community groups understand the technical issues involving the…
Technical Review Workgroup for Lead (TRW) The Technical Review Workgroup for Lead (TRW) and the Integrated Exposure Uptake Biokinetic Model for Lead in Children (IEUBK) is an interoffice workgroup…
Technology Innovation Office (TIO) The Technology Innovation Office (TIO) of the U.S. Environmental Protection Agency was created in 1990 to act as an advocate for new technologies.
Telemarketing Fraud Unsolicited telephone call from a criminal who tries to trick the consumer into disclosing personal information (bank account number, credit card number…
telephone tax refund Taxpayers are eligible to file for refunds of all excise tax they have paid on long-distance service billed to them after Feb. 28, 2003.
tenancy joint tenancy - equal ownership of property by two or more parties, each with the right of survivorship.
Tenancy-in-common When two or more people own property as tenants-in-common (TIC), they share in the property's tax benefits, any income it generates, and its growth in…
Tender offer When a corporation or other investor offers to buy a large portion of outstanding shares of another company, called the target company, at a price higher…
Term A term is the length of time between when a fixed-income security, such as a bond or note, is offered for sale and its maturity date.
Term Insurance A plan of insurance that covers the insured for only a certain period of time (the term), not for his or her entire life.
Term Rider Term insurance that is added to a whole life policy at the time of purchase or that may be added in the future.
Termination A Reporting Status for an employee who is leaving a covered position that requires the filer to file an SF 278.
Termination Date The SF 278 filer's last day in the position. It is the last day paid for that position.
Termite Inspection An inspection to determine whether a property has termite infestation or termite damage.
Terms The period of time and the interest rate arranged between creditor and debtor to repay a loan.
Terra cotta Hard fired clay, either glazed or unglazed, molded into ornamental elements, wall cladding, and roof tiles.
The Occupational Information Network (O*NET) The Occupational Information Network (O*NET) is a database of occupational requirements and worker attributes, available on line.
Thin market A thin market is one where securities trade infrequently. The term can refer to an entire securities market, such as one in an emerging nation, a specific…
Thinly traded A particular stock, sector, or market is said to be thinly traded if transactions occur only infrequently, and there are a limited number of interested…
Third market Exchange-listed securities, such as those that are traded on the New York Stock Exchange (NYSE) or the American Stock Exchange (AMEX), may also be bought…
Third mortgage Similar to a "second mortgage." See also "second mortgage" under "mortgage."
Third Party An individual other than the policyholder or the insurance company who has suffered a loss and may be able to collect compensation under the policy, due…
Third Party Administrator (TPA) An organization that performs managerial and clerical functions related to an employee benefit insurance plan by an individual or committee that is not an…
Third Party Fees a fee that you pay up front for a mortgage broker to pay to another party, such as to obtain a credit report, order an appraisal, or to do a title search.
Third Party Origination A process by which a lender uses another party to completely or partially originate, process, underwrite, close, fund, or package a mortgage loan.
Third-party claim A claim filed against another person’s insurance policy.
Thrift An organization that primarily accepts savings account deposits and invests most of the proceeds in mortgages.
Tick A tick is the minimum movement by which the price of a security, option, or index changes. With stocks, a tick may be little as one cent.
Ticker (tape) While the stock markets are in session, there is a running record of trading activity in each individual stock.
Ticker symbol A ticker symbol, also known as a stock symbol, is a unique string of letters that identifies a particular stock on one of two electronic tapes that report…
Tie rod A metal tension rod connecting two structural members, such as gable walls or beams, acting as a brace or reinforcement; often anchored by means of a…
Time Certificate of Deposit A time deposit evidenced by a negotiable or nonnegotiable instrument specifying an amount and maturity.
Time deposit A time deposit (also known as a term deposit) is a money deposit at a bank that cannot be withdrawn for a certain "term" or period of time.
Time value of money The concept that money today is worth more than the same amount in the future, when inflation has reduced its value.
tip income Money and goods received for services performed by food servers, baggage handlers, hairdressers, and others.
Title A title is a legal document proving ownership of a piece of property. If you are buying real estate you authorize a title search, or examination of…
Title 1 An FHA-insured loan that allows a borrower to make non-luxury improvements (like renovations or repairs) to their home; Title I loans less than $7,500…
Title Company A company that specializes in examining and insuring titles to real estate.
Title Defect An outstanding claim on a property that limits the ability to sell the property. Also referred to as a cloud on the title.
Title Insurance Title insurance protects your lender's interest in your home and real property in case its ownership is contested in court.
Title Search A title search is an examination of property records by a title company or attorney to ensure that the person from whom you are buying a piece of property…
Toehold purchase A toehold purchase is one in which an individual investor or investment firm caps holdings in a potential target company at less than 5% of the company's…
Top-down model A projections model that is used to force lower-level geographical or industry projections to higher-level totals.
Total Loss When the cost to repair a vehicle approaches or exceeds the vehicle’s actual cash value.
Total requirements table A set of tables in the input-output (I-O) accounts calculated from the make table and use table.
Total requirements tables See Total requirements table
Total return Total Return is the change in value of the fund plus any distribution (i.e. capital gain, interest, and dividends) divided by the value of the fund at the…
Total return index A total return index is an equity market index that's calculated using the assumption that all of the dividends that the stocks in the index pay are…
Towing and Labor Coverage Reimburses you when your vehicle breaks down or is damaged and must be towed to a repair shop or to another location.
Towing Coverage An optional coverage of an automobile policy that pays a specified amount for towing and related labor costs.
Toxic Release Inventory (TRI) The Toxics Release Inventory (TRI) database, contains information concerning waste management activities and the release of toxic chemicals by facilities…
Toxic Substances Control Act (TSCA) The Toxic Substances Control Act (TSCA), passed in 1976, requires tests of chemicals that may harm human health or the environment; reviews of new…
Tracery An ornamental configuration of curved mullions in a Gothic sash.
Tracking stock Some corporations issue tracking stock, a type of common stock whose value is linked to the performance of a particular division or business within a…
Trade date The trade date is the day on which you buy or sell a security, option, or futures contract.
trade date v. settlement date The trade date is the day a trade is executed. The settlement date is the agreed upon date when payment must be made and/or securities presented.
Trade Equity Real Estate or assets given to the seller as part of the down payment for the property.
trademark See service mark.
Trader Traders who are dealers or market makers select the securities in which they will specialize and provide quotes on those securities in the marketplace.
Trading floor The trading floor is the active trading area of a stock exchange, such as the New York Stock Exchange (NYSE).