See COVENANT.
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TRANSITORY
Passing from place to place; that may pass or be changed from one place to another; not confined to one place; tlie opposite of “local.”
TRANSITORY ACCOUNT
Account serving as a holding account till all funds are moved to the appropriate accounts.
TRANSITORY CRIME
This term applies to a crime that is committed in one location and tried in another.
TRANSITORY RECORDS
Correspondence and routine documents that have a short life span or value and are not integral to operations.
TRANSITUS
Lat. Passage from one place to another; transit. In transitu , on the passage, transit, or way. 2 Kent, Comm. 513.
TRANSLATION
The reproduction In one language of a book, document, or speech delivered in another language. The transfer of property ; but In this sense it is seldom used. 2 Xtl. […]
TRANSLATION DATE
Date fixed for the rate of exchange in a currency translation .
TRANSLATION EXCHANGE GAIN OR LOSS
Decrease or increase in net assets when a balance sheet is changed from one currency to another.
TRANSLATION RISK
Loss that occurs when a foreign exchange currency is turned into the home countries monetary unit . It is reflected in an equity account. AKA currency translation risk . Refer […]
TRANSLATITIUM EDICTUM
Lat In Roman law. The praetor, on his accession to ollice, did not usually publish an entirely new edict, but retained the whole or a part of that promulgated by […]
TRANSLATIVE FACT
A fact by means of which a right is transferred or passes from one person to another; one, that is, which fulfills the double function of terminating the right of […]
TRANSLATOR
Processor of programming language converting a computer program from one language to another.
TRANSMISSION
In the civil law . The right which heirs or legatees may have of passing to their successors the inheritance or legacy to which they were entitled, if tliey happen […]
TRANSMISSION CONTROL PROTOCOL/INTERNET PROTOCOL (TCP/IP)
Rules of standard networking that each and every computer that is connected the Internet needs to follow in order to send and receive data.
TRANSPARENCY
1.Clear see through piece of thin acetate used to project an image onto a screen. 2. A lack of any hidden agendas with all information being available. 3. Degree of […]
TRANSPARENT
1. Action, procedure or method with no hidden agendas, transparency in word and intention. 2. An invisible operation or feature to the user or observer. See virtual.
TRANSPARENT MARKET
All prices and supply information is publicly available.
TRANSPONDER
Radio relay equipment that works when hit by a signal it responds and sends or reflects the signal it received.
TRANSPORT
In old New York law. A conveyance of land.
TRANSPORT DOCUMENT
Air way bill, bill of lading , carrier’s certificate etc. Serving as evidence of acceptance and receipt of goods for carriage.
TRANSPORT LAYER CERTIFICATE (TLS)
System of encryption creating a secure client-server connection by using a digital certificate enabling network owner identification .
TRANSPORTABILITY
Ability of an item to be moved around by self-propulsion, towing etc.
TRANSPORTATION
The removal of goods or persons from one place to another, by a carrier. See Railroad Co. v. Pratt, 22 Wall. 133, 22 L. Ed. 827; Interstate Commerce Coin’n v. […]
TRANSPORTATION INSURANCE
Policy covering the insured’s property while being moved.