A | B | C | D | E | F | G | H | I | J | L | M | N | O | P | Q | R | S | T | U | V | W

Tangible Fixed Assets: a fixed asset (also called a non-current asset) which has a physical existence.

Timeliness: qualitative characteristic that potentially conflicts with relevance.

Total Assets Usage: sales divided by total assets.

Trade Creditors: persons who supply goods or services to a business in the normal course of trade and allow a period of credit before payment must be made.

Trade Debtors: persons who buy goods or services from a business in the normal course of trade and are allowed a period of credit before payment is due.

Trade Payables: amounts due to suppliers (trade creditors), also called accounts payable.

Trade Receivables: amounts due from customers (trade debtors), also called accounts receivable.

True and Fair View: requirement of UK company law for UK companies not using IASB system.

Turnover: the sales of a business or other form of revenue from operations of the business.