Alphabetical - T

Take-And-Pay Option	see Swing Option
TALISMAN	Transfer Accounting Ledgement for Investors Stock Management for Principals - the SE Computerised Settlement System (UK). Being replaced by CREST
Tap Stock	In general in bond markets further issue of a previously issued bond.
Tender	A bank loan or new security is offered to dealers who must complete for the business. If settled on a striking price basis, all pay the same price. If offered on a bid price basis, all pay the price they bid
Tenor	Used to define an amount of time.
Term Sheet	The relationship between interest rates and their maturities.
Term Structure of Interest Rates	The relationship between interest rates and their maturities.
Terminal Value	The value at maturity
Theta	Rate of change of the price of an option (or other derivative) with time
Ticks	Smallest price movement of a contract, for example 0.01 or 1/32
Tier One Capital	??
Tier One Equity	??
Tier Two Capital	??
Time Decay	see Theta
Time Value	That part of an option premium which is not the intrinsic value.
Tombstone	Formal notice in the press of a syndicated loan, bond issue, commercial paper programme
TOPIC	Teletext Output of Price Information by Computer - the standardised display of SEAQ information (UK)
Total Return Swap	A swap of the return on one portfolio of assets for the return on another portfolio of assets.
Touch Prices	The lowest bid price and lowest offer price for a particular stock or share
Trade Bill	A bill of exchange not endorsed by a bank and not eligible for rediscount at the central bank
Trade Capture	??
Trade Date	The date a trade is agreed as opposed to settled
Trade Flow	??
Trade Life Cycle	??
Traded Option	An option to buy or sell a share/currency/index etc contract later at a price agreed today.
TradePoint	A UK share trading system using computerised order matching. (introduced Sept 1996)
Tranche	Further (large) issue of an existing bond to meet the needs of the market
Tranchette	Further (small) issue of an existing bond to meet the needs of the market
Transaction Costs	The cost of carrying out a trade (commissions plus the difference between the price obtained and the midpoint of the bid-offer spread).
Treasury Bill	A short-term non coupon bearing instrument issued by the government to finance its debt. This is how governments can raise money.
Treasury Bond	A long-term coupon bearing instrument issued by the government to finance its debt.
Treasury Bond Future	A futures contract on Treasury Bonds
Treasury Note	see Treasury Bond (Treasury Notes have maturities of less than 10 years)
Treasury Note Future	a futures contract on Treasury Notes
Tree	The representation of the evolution of the value of a market variable for the purpose of valuing an option or other derivatiave.
Trinomial Tree	??

Take-And-Pay Option see Swing Option
TALISMAN Transfer Accounting Ledgement for Investors Stock Management for Principals - the SE Computerised Settlement System (UK). Being replaced by CREST
Tap Stock In general in bond markets further issue of a previously issued bond.
Tender A bank loan or new security is offered to dealers who must complete for the business. If settled on a striking price basis, all pay the same price. If offered on a bid price basis, all pay the price they bid
Tenor Used to define an amount of time.
Term Sheet The relationship between interest rates and their maturities.
Term Structure of Interest Rates The relationship between interest rates and their maturities.
Terminal Value The value at maturity
Theta Rate of change of the price of an option (or other derivative) with time
Ticks Smallest price movement of a contract, for example 0.01 or 1/32
Tier One Capital ??
Tier One Equity ??
Tier Two Capital ??
Time Decay see Theta
Time Value That part of an option premium which is not the intrinsic value.
Tombstone Formal notice in the press of a syndicated loan, bond issue, commercial paper programme
TOPIC Teletext Output of Price Information by Computer - the standardised display of SEAQ information (UK)
Total Return Swap A swap of the return on one portfolio of assets for the return on another portfolio of assets.
Touch Prices The lowest bid price and lowest offer price for a particular stock or share
Trade Bill A bill of exchange not endorsed by a bank and not eligible for rediscount at the central bank
Trade Capture ??
Trade Date The date a trade is agreed as opposed to settled
Trade Flow ??
Trade Life Cycle ??
Traded Option An option to buy or sell a share/currency/index etc contract later at a price agreed today.
TradePoint A UK share trading system using computerised order matching. (introduced Sept 1996)
Tranche Further (large) issue of an existing bond to meet the needs of the market
Tranchette Further (small) issue of an existing bond to meet the needs of the market
Transaction Costs The cost of carrying out a trade (commissions plus the difference between the price obtained and the midpoint of the bid-offer spread).
Treasury Bill A short-term non coupon bearing instrument issued by the government to finance its debt. This is how governments can raise money.
Treasury Bond A long-term coupon bearing instrument issued by the government to finance its debt.
Treasury Bond Future A futures contract on Treasury Bonds
Treasury Note see Treasury Bond (Treasury Notes have maturities of less than 10 years)
Treasury Note Future a futures contract on Treasury Notes
Tree The representation of the evolution of the value of a market variable for the purpose of valuing an option or other derivatiave.
Trinomial Tree ??