Glossary of Financial Terms - T

Term

This is usually the duration of a loan.

Term Loan

A secured loan made to business concerns for a specific period (normally three to ten years). It is repaid with interest, usually with periodical payments.

Term Sheet

A list of the major points of the proposed financing being offered by an investor.

Title

The legal owner of property is deemed to have title to said property which provides the owner with the unrestricted and exclusive right to it.

Treasury Bill

Short-term government security.

Trust Company

Organization usually combined with a commercial bank, which is engaged as a trustee for individuals or businesses in the administration of Trust funds, estates, custodial arrangements, stock transfer and registration, and other related services.