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| Takeover | A corporate action in which a bidding company seeks to obtain a controlling interest in a target company. |
| Term | The length of time until the maturity date of a bond when the principle will be repaid. |
| Thin Market | A term for rarely traded shares. |
| Tick | The minimum allowed price movement in a financial instrument. |
| Time Value | The amount by which an options premium exceeds its intrinsic value. |
| Traded Options | A traded option is a quoted vehicle. The market makers formulate a series of options for a large variety of stocks and commodities expiring at different times. |
| Transaction Costs | Normally the mark up charged by market makers, agents' fees, taxes on fees and possibly a charge levied by the stock exchange itself, along with stamp duty. |
| Treasury Bonds | A fixed interest security issued by the US Treasury to meet its long term funding needs. |
| Trend | Refers to the direction of prices. An uptrend is a succession of higher highs and higher lows; a downtrend is a succession of lower highs and lower lows. |
| Trendlines | A straight line in technical analysis that connects a series of chart low points to define an uptrend or a series of chart high points to define a downtrend. |
| Turnover | The value of a company's annual sales. |
