A federal law requiring adequate disclosure for consumer protection purposes. It requires credit card and charge card companies to disclose interest rates and other information about an account and all other information fairly so that it can be reasonably understood by consumers. Disclosures required include the terms of a loan, the total amount and interest rate of a loan, the … [Read more...] about TRUTH IN LENDING ACT (TILA)
T
TRY
To examine judicially; to examine and investigate a controversy, by the legal method called trial, for the purpose of determining the issues it involves. … [Read more...] about TRY
TSA
Transportation Security Administration. Also a financial abbreviation for Tax Sheltered Annuity. … [Read more...] about TSA
TSR
Total Shareholder Return … [Read more...] about TSR
TRUST DEED
A method of financing real estate purchases, where the trust deed transfers title of a parcel of real estate to a trustee (usually a title company) who holds it as security on a loan. After the loan is paid off in the entirety, the title is transferred to the borrower. The trustee can act to sell the real estate in the event of a default by the borrower and the proceeds used to … [Read more...] about TRUST DEED