Term of a Forward Exchange Rate Contract - The term of a forward exchange contract, which is the period two business days after the date the contract is written and its maturity date.

Tick Indicator - The number of stocks whose last trade was an uptick or a downtick.

Time Domain - Variation of a time series is accounted for by an autocorrelation function and other time series.

Time Draft (Time Bill) - a usance draft or usance bill.

Time Series - A collection of observations made sequentially in time and indexed by time.

Trade Acceptance - A bill of exchange drawn by the seller/exporter on the purchaser/importer of goods sold, and accepted by such purchaser.

Trade Finance - The term ‘trade finance’ can be described simply as finance for working capital.

Trading Bands - Lines plotted in and around the price structure to form an envelope, answering whether prices are high or low on a relative basis and forewarning whether to buy or sell by using indicators to confirm price action.

Trailing Stop - A stop-loss order that follows the prevailing price trend.

Transfer Response - Refers to the shape of the wave coming out of a filter in comparison to the shape going into it.

Transferable Credit - A transferable credit is a credit under which the beneficiary has the right to give instructions to the bank called upon to affect payment or acceptance, or to any bank entitled to effect negotiation, to make the credit available in whole or in part to one or more third parties (second beneficiaries).

Transform - A process to change or convert. For example, a simple moving average is a filter to reduce noise; the moving average is the transform function.

Trend Channel - A parallel probable price range centered about the most likely price line.

Trend Day - A day in which the price of a futures contract moves consistently away from the opening range and does not return to the opening range prior to the close.

Trend-Following - Moving in the direction of the prevailing price movement.

Trendless - Price movement that vacillates to the degree that a clear trend cannot be identified.

Triangular Moving Average - A moving average in which each day's data are multiplied by a weight that increases in value at steady increments to a peak value and then declines to zero at equivalent increments. The sum of the weighted daily data is divided by the number of variables.