A trade war occurs when one country reciprocates another country by raising import tariffs or placing other restrictions on the opponent’s imports.

A troy ounce is a measurement unit used for weighing precious metals. It dates back to the Middle Ages and is equal to 31.1034768 grams.

Time in force is an instruction used upon putting down a trade to state how long an order will be active before it is executed or expires. 

Tactical trading is an investment style short term trades based on anticipated market trends. It usually involves taking long or short positions in a broad range of markets. 

A term bonds are bonds issued at the same time with the same expiration date.

Term out is a term used to describe the transfer of debt without ever leaving company's balance sheet. It is performed via the capitalization of short- to long-term debt. 

Tax evasion is an illegal action in which a person or entity deliberately avoids paying any taxes. 

Tenkan-Sen is a part of larger financial indicator that shows the mid-point between the lowest and highest point over the last nine periods.

Tenor most commonly refers to the amount of time left for repayment of the loan or until a financial contract expires completely.

Take a flier is an expression that is used in the situation when an investor invests their money into a very risky business and knows that it can result in a significant loss.

Trading dollars is a breakeven point in monetary transaction. In the currency market, the point where the gains on a trade are the same as the losses is trading dollars.

Transaction risk is the risk to lose money because of the time delay between entering a contract and settling it. The risk is connected with the difference in exchange rate between the two time points. The grater is the delay, the higher is the risk.

Telephone booth in trading world refers to one of the stationary telephones on the floor of NYSE. These phones are used by brokers for receiving orders.

Toxic asset is an asset that become illiquid as soon as it exists the secondary market as demand for them disappears. They are not traded commonly or at all as they are perceived as a sure way to lose money.

Trumpflation is the theory that the inflation of the United States is going to rise during the presidency of Donald Trump. Although we are already half-way through his first term, there is no evidence that this theory is going to come to life.

Transfer risk is a threat that the domestic currency cannot be converted of exchanged into another currency due to rapidly changing exchange rate and nominal value of domestic currency. Also known as conversion risk.

Tapering is a series of actions which are taken by the central bank in order to try and fix the economy of just improve the overall performance of such. When the officials lose faith in excess stimulus, they usually agree to tampering.

Trading effect is one of the tools that help us measure the difference between the returns of the bond portfolio and any chosen benchmark. The difference comes up when portfolio goes through short-term alterations. Trading effect can also measure whether the current trade influence the portfolio in a good or in a bad way.

It goes like this – the situation in the market influences every trade that is put down for a certain direction. And that is quite common that the situation in the market is changing rapidly. That is where one has to adapt to the new situation and look for the new trading scenario that is going to be completely different from the previous variants of the trades.

Trading scenario can’t be developed beforehand and has to be made up and changed on the spot.

Technical analysis uses historical price and trading volume in chart format to attempt to predict the direction of securities prices and the demand for them. It does not make use of the tools of either top-down or bottom-up fundamental analysis. The entire premise of technical analysis would appear to fly in the face of the efficient markets. 

A method of evaluating securities by analyzing statistics generated by market activity, such as past prices and volume. Technical analysts do not attempt to measure a security's intrinsic value, but instead use charts and other tools to identify patterns that can suggest future activity.