Category: T

The appointed overseer of the trust acting on behalf of the trust.

This applies to a trust that states what its assets will be used for.

Amount the buyer is prepared to pay for an item.

1. Alternate term for trust agreement. 2. Alternate term for deed of trust.

the verdict where each juror has duly considered the case and come to their own conclusion without any persuasion or outside influences.

Department of a commercial bank that acts as a trust company.

Ensuring that totals for each line item match with the credit and debit accounts.

Computer type looking the same as on the screen when it is printed.

1. Accounting. Leaving off digits that lie to right of a decimal point. 2. Banking. Shortening processing time of cheques. 3. Computing. Cutting off the last string number as it is too long for the space. Database search. Search engine ability to locate related terms by adding ‘*’ to the search.

Error caused by leaving off decimal point digits and rounding the number. For example 99.987 becomes 99.98 or 99.9.