OTHER TERMS BEGINNING WITH "T"

• Tangible Asset

  A tangible asset is a physical asset with a material form that can be seen, touched, and measured. Tangible assets have a physical presence and are used in the operations of a business to generate revenue or provide services. Unlike…

• Tangible Net Worth

  Your tangible net worth is similar to your net worth in that it totes up your assets and liabilities, but it goes one step further. It subtracts the value of any intangible assets, including goodwill, copyrights, patents, and other intellectual…

• Tanker

  Tanker freight refers to the transportation of liquid or gas commodities, such as crude oil, petroleum products, chemicals, liquefied natural gas (LNG), or liquefied petroleum gas (LPG), using specialized vessels known as tankers. Tankers are designed to safely and efficiently…

• Term Loan

  A term loan is a type of loan that provides a borrower with a lump sum of money that is repaid over a specified period, typically with a fixed or variable interest rate. Term loans are commonly used by businesses…

• Terms of the Sale

  Terms of the Sale is an agreement between the buyer and the seller which references the price of goods being sold, the return policy, delivery location, time of shipment and payment terms. The sale's terms may also reference the purchase…

• Total Cost of Ownership (TCO)

  A business analysis that assesses cost to include direct cost (purchasing price) and indirect cost (related to the use of a service or product). In temporary staffing services, this is often used by employers to ask temporary staffing agencies for…

• Trade Credit Insurance

  Trade credit insurance, also known as credit insurance or accounts receivable insurance, is a risk management tool designed to protect businesses against the risk of non-payment or default by their customers (buyers) for goods or services sold on credit terms.…

• Trade Financing

  Trade Financing is the term used for financing of international trade. Trade finance includes such activities as Cash Against Documents, credit insurance, export credit, bid and performance bonds, lending, trade-related promissory notes, Letters of Credit, purchase order funding, bills of…

• Transactional Pricing

  Pricing model that is based on a unit that can vary over time. For instance, in a staffing context, price per applicant or price per contractor.

• Transportation Financing

  Transportation financing refers to the various methods and financial instruments used to fund the acquisition, operation, and expansion of transportation-related assets and services. These assets can include vehicles (such as trucks, ships, airplanes), infrastructure (such as ports, railways, highways), and…

• Trucking Recession (Freight Recession)

  A trucking recession refers to a period of significant decline or contraction in the trucking industry. It is characterized by a slowdown in freight volumes, reduced demand for transportation services, and financial challenges for trucking companies. During a trucking recession,…

• Turnaround Consultant

  A turnaround consultant is a professional who specializes in assisting businesses facing financial or operational difficulties in order to improve their performance and restore stability. These consultants often have extensive experience in various industries and possess strong analytical, problem-solving, and…