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Tooltip Categories: Economics & Finance

third world

Collective name for most of the nations of Africa, Asia, Latin America, and the Middle East, many of which share a colonial past and are

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term deposit

Savings account or CD held in a financial institution, usually a bank, for a fixed term or with the understanding that the customer can withdraw

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termination clause

Provision in a contract which allows for its termination under specified circumstances. Also called termination provision (Read more: http://www.businessdictionary.com/definition/termination-clause.html#ixzz2cLJe9Ipc)

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termination fee (finance)

The one-time charge for terminating or transferring an individual retirement account. If a financial institution charges a termination fee, the fee must be spelled out

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temporary work

Temporary work or temporary employment refers to a situation where the employee is expected to leave the employer within a certain period of time. Temporary

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temporary worker

A situation where the employee is expected to leave the employer within a certain period of time. (source: http://en.wikipedia.org/wiki/Temporary_work)

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tenant

An individual or business which has possession of and pays rent for real estate owned by another party. (source: http://www.investorwords.com/4937/tenant.html)

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tender document

Written invitation sent to potential suppliers of a good or service to inform them about the information required for the buyer to choose among them.

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technology park [tech park]

A landscaped development usually comprising of high specification office space as well as residential and retail developments, designed to encourage localisation of high technology companies

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