Economics & Finance | Françoise Clementi

third party

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Someone other than the principals directly involved in a transaction or agreement. (source: http://www.investorwords.com/4963/third_party.html#ixzz2if3G9UQy)

temporary work

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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

temporary worker

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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)

tenant

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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)

tender document

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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.

term (period of time)

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A limited period of time for any activity.

term deposit

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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

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)

termination fee (finance)

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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