Glossary Results - T
This is a Legal Dictionary for visitor reference. Please click on the letter below to search by alphabet or use the search form to find the term you are looking for.
Tangible Personal Property Memorandum (TPPM) - A legal document that is referred to in a will and used to guide the distribution of tangible personal property.
tangible property - Property belonging to a person/entity that can be physically touched.
Tax Court of the United States - A judicial body which hears cases concerning federal tax laws.
Taxable Income - The income against which tax rates are applied to compute tax paid; gross income of businesses or adjusted gross income of individuals less deductions and exemptions.
Temporary Relief - Any form of action by a court granting one of the parties an order to protect its interest pending further action by the court.
temporary restraining order (TRO) - A legal order issued by a judge on behalf of a person who has claimed to have been harassed or injured by another person. It forbids further harassment or injury by the offender named in the offended person's complaint. If a TRO is issued, the court also hears the alleged offender's statement in a second session. Based on this hearing the court can decide to make the TRO permanent, and may then issue an injunction against any further harassment or injury to the plaintiff. Failure to comply with a TRO or an injunction can result in arrest of the offender.
tenancy by the entirety - A type of property ownership that applies to married couples in some, but not all states. It stipulates that both spouses have the equal rights to use/benefit (enjoyment) from their entire property. Upon the death of one spouse, the surviving spouse retains title and all rights to use/benefit from the property. This is their "right of survivorship."
tenancy in common - Applies to two or more people owning property together. An owner can bequeath his interest/share (regardless of his absolute percentage of the property owned) in the property at his death to his own chosen beneficiaries; his share need not become property of the other owners, as is the case in joint tenancy. In most states a tenant in common may encumber only his share of the property, therefore, the other tenants' shares are debt
tenant - Any person, group, or corporation who rents real property from the property owner or "landlord." The tenant also may be called the "lessee."
Tender of performance - An offer or attempt to do what is required under a contract or under the law.
tender offer - A public offer to purchase stocks usually in an attempt to gain a controlling interest in a corporation. The number of shares and purchase dates are usually fixed, and the price of the stocks may be over market price.
Testamentary Capacity - The legal ability to make a will.
testamentary trust - This type of trust is created by a will, and becomes effective upon the death of the will maker.
testate - The legal status of the estate of one who dies after making a valid will.
testator - One who makes a will.
testify - To give oral evidence under oath at a trial or a deposition.
Testimony - The evidence given by a witness under oath. It does not include evidence from documents and other physical evidence.
Third Party Complaint - A petition filed by a defendant against a third party (not presently a party to the suit ) which alleges that the third party is liable for all or part of the damages plaintiff may win from defendant.
title - Ownership; evidence of ownership of real estate or property.
title company - A company that issues title insurance.
title insurance - Insurance issued by a title company to protect a property owner against loss due to title errors.
tort - An injury to a person for which the person causing the injury is legally responsible. A tort can be intentional or unintentional. A tort may be physical injury, or nonphysical injury.
toxic tort - A personal injury caused by exposure to a toxic substance.
trade name - The official name of a business.
trade secret - Any formula, pattern, device or machine, idea, or process which is confidential business information entitled to protection from disclosure.
Trademark - A word, name, symbol, or devise used by a manufacturer to distinguish his goods from those sold by others.
trademark registration - Federal registration of a trademark with the U.S. Patent and Trademark Office (PTO). The trademark is a word, symbol, or device used by a manufacturer or merchant to identify or distinguish his goods from those of others.
Transcript - A written, word-for-word record of what was said. Usually refers to a record of a trial, hearing, or other proceeding which has been transcribed from a recording or from shorthand.
Transmittal form - From required in certain courts for transmitting documents for filing.
Treatise - A formal and systematic book or writing containing a narrative statement on a field of law.