1. Quality. Greatest departure allowed from the standard. 2. Risk. Longest period where an enterprise can afford to not have a critical process or function.
T | Page 42
T
TOLERATION
The allowance of religious opinions and modes of worship in a stiite which are contrary to, or different from, those of the established church or belief. Webster.
TOLL
title to lands.
TOLL CALL
Phone call made from outside the exchange area and charged on a per minute basis.
TOLL FREE CALL
Long distance call paid for by the person being called. Free call in UK.
TOLL MANUFACTURING
Arrangement where a company will process raw materials or partly completed goods for another company. Also known as toll processing.
TOLL, n
In English law . Toll means an excise of goods; a seizure of some part for permission of the rest. It has two significations: A liberty to buy and sell […]
TOLL, v
To bar, defeat, or take away; thus, to toll the entry means to deny or take away the right of entry .
TOLLAGE
Payment of toll; money charged or paid as toll; the liberty or franchise of charging toll
TOLLBOOTH
A prison; a customhouse ; an exchange; also the place where goods are weighed. Wharton.
TOLLDISH
A vessel by which the toll of corn for grinding is measured. Tolle voluntatem et erit omnis actus indifferens. Take away the will, and every action will be indifferent . […]
TOLLER
One who collects tribute or taxes.
TOLLERE
Lat. In the civil law . To lift up or raise ; to elevate; to build up.
TOLLING CONTRACT
Take or pay contract for the conversion, processing or transporting of finished products or raw material .
TOLLS
In a general sense, tolls signify auy manner of customs, subsidy, prestation, imposition, or sum of mouey demanded for exporting or importing of any wares or merchandise to be takeu […]
TOLLSESTER
Au old excise; a duty paid by tenants of some mauors to the lord for liberty to brew and sell ale. Cowell.
TOLSEY
The same as “tollbooth.” Also a place where merchants meet; a local tri- bunal for small civil causes held at the Guildhall, Bristol.
TOLT
A writ whereby a cause depending in a court barou was taken and removed into a county court Old Nat. Brev. 4.
TOLTA
In old English law . Wroug; rapine; extortion. Cowell.
TOM NEXT
When a transaction on the foreign exchange or money market that is processed the next day. AKA dealing over tomorrow and rollover.
TOMBSTONE
The report generated for a security at its maturation date. It shows the details of the transaction and the issuer.
TOMBSTONE AD
the term that applies to the public announcement of purchase or the sale of securities in a corporation .
TOME
AN unusually heavy and large book or a volume from a collection that is often for scholars.
TON
A measure of weight; differently fixed, by different statutes, at two thousand pounds avoirdupois , (1 Rev. St N. Y. 009,
TON MILE
Transporter’s revenue unit equal to one ton of cargo moved one mile.