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Glossary

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z New
Timesheet is a record of time spent by a worker on individual job tasks, activities, jobs, projects, and so on.
Tax Return is a term representing a taxpayer's obligation to pay a tax to the tax authority which has jurisdiction over the place of taxation.
Tokenization is a term from the field of security. It is a process and technology of changing sensitive data for the safe equivalent, called the token. For example it is used to secure payment via mobile phones where the credit card number replaces an anonymous number and authorizes the payment without disclosing the account details.
Tangible Assets is a subgroup of assets that has tangible character. Tangible assets is used in the organization for a long time and either gradually wears or doesn't depreciate.
Talent Management is such HR strategy and people management focused on finding, engaging and developing talented individuals with core competences in accordance with the needs of the organization.
Technology is a term that means the sum of the means of production for given work (to produce a product or provide a service). Technology can also mean thu sum of the funds of the organization or its production or supporting know-how.
Text is human or machine readable sequence of characters that make up the words in a particular language. For computers the text can be encoded in ternational standards such as ASCII.
Time is one of the basic physical quantities. In terms of organization and management, this is one of the sources, which all equally have, with whom it is necessary to be economical and that must be managed.
Turing Test verifies using a text chat whether on the other side is a human or a computer. It tests therefore primarily the ability of machines to imitate human conversation.
Top manager is a designation of a member of the senior, top-level management of the organization.
Trade secret can consist of any information, facts or knowledge that are significant for the company in terms of competition, can be determined, appraised, and that are not commonly available in relevant business circles.
The term turn-key project (Turn-key delivery) describes a projec t(or the delivery of such) in which the supplier or provider is responsible to the client for the entire result of the project and presents it to the client completely finished and ready to use.
TIA is the acronym of Thanks In Advance and it is used in less formal business correspondence or e-mails.
The tax authority is a state or country authority, a government agency usually the revenue agency, which is responsible for the collection and administration of taxes in the country or state.
The task is some activity or a piece of work that needs to be done.
Tall organizational structure is an organization with high number of management levels and therefore a lot of organizational units. It is more cumbersome and less flexible than a flat organizational structure.
Formal organizational structure can be analyzed and described from various aspects - there are therefore created different typologies of the organizational structure, which varies according to different authors and evaluation criteria. The criteria are the number of managers, degree of vertical or horizontal arrangement and the existence of the support organizational units.
Turnover means either the income (the total amount of funds received by the company) or how many times the assets is turned (how quickly is sold).
Teamwork requires coordination and collaboration between individual team members. It is a typical co-ordination of outputs.
Trade dress means the style, appearance or design that is characteristic for a specific brand. Trade dress may be the subject of intellectual property protection by which the company protects the visual style of the brand.
Tax documents are all tax-related documents such as invoices, receipts, and so on. Tax documents are required to calculate the tax.
Threat is a term used in risk management to indicate the source of some negative event, force, person or activity that wants or can damage any value (asset).
Tax is a term that refers to a mandatory payment of individuals or organizations (companies) paid to the state or local budget.
Thinking is a term that belongs to the basic psychological categories. It includes cognitive processes and functions such as decision making, problem solving, reasoning, creativity, intelligence, memory, etc.
TLD (Top Level Domain) is an acronym for top level internet domains, e.g. .com, .net and so on.
Target risk levle is such a risk level that is determined by management's decision. It is therefore a measure of risk that is acceptable to management.
The concept of turbulence was introduced in the field of management by Peter F. Drucker in 1980 after he published a book Managing in Turbulent Times.
Two-factor authentication is a method of verifying the identity of a person using two independent pieces of information or two different objects.
Temperament is a component of personality that is shown by the intensity and dynamics of reactions, experiencing life situations and by behavior.
Term sheet is a summary of a future investment or transaction that serves both parties to clarify the conditions in pre-contractual negotiations.
Takeover is a term which we call a takeover of the enterprise on the basis of purchase. The act of takeover can be arranged in the form of merger or consolidation.
The tax payer is the entity (person or company), whose revenues, property or acts are directly subject to tax. The taxpayer has to pay tax.
Turnkey is a complete supply, product or service delivered to the customer fully completed, build or installed and ready for use.
Taxable person is the person who under own proprietary liability transfers the collected or deduced tax from the taxpayers to the government.
Technology strategy is a decisions about what technologies will be permitted and used within the company.
Trichotomous question is a question which allows only one of the three possible answers (eg white-blue-red)
Transaction costs are the costs that are necessary to undertake an economic transaction (trade, exchange, delivery of goods or services, loans, etc.).
Talent is an innate ability above an average ability level.
Transactive Memory is a concept of social psychology. It explains how people remember things in groups. Each member does not need to know (remember) everything. It is sufficient that one knows about someone else in the group who has knowledge of the matter.
Total Cost Ratio (TCR) is an indicator of overall company efficiency. The ratio is calculated dividing total costs by total sales.
Team is a designation for a group of people who want to achieve common goals, fulfill a common task, and act coordinately.
Traditional marketing (or Classical Marketing) includes all marketing activities that are carried out in the traditional way, outside of the internet. It relies on traditional media - especially broadcasting - television, radio, print newspapers and magazines, telephony and outdoor advertising billboards.
Total Addressable Market is the total demand for a given product or service.
The target market is the part of the market where an organization intends to place its products or services.
A trademark is an instrument of protecting intellectual property. A trademark may protect for example logo, company name, product or service name.
Tax domicile is de-facto a tax residence. It is therefore necessary to determine the place where the person (an indiviual or a company) pays taxes, that is the residence - domicile of the taxpayer.
Tax residency jurisdiction of taxpayer (human or companies) and the tax obligation in a particular one state. Here is that person a tax resident. In other words it is the country or state where you are (or the company) a resident for tax purposes.
Tax burden is the amount of money that individuals or companies pay to the state or other tax authorities. Tax burden differ in different countries, jurisdictions and is also different according to the income of taxable persons.
A Trojan horse is a type of malicious software, computer virus that is disguised as a normal software, and in fact carries out malicious operations without the user's awareness.