Loan Dictionary - T group - Transform, Transit Check, Transit Item, Transit Number, Transit Routing Number, Transition Asset, Transition Obligation, Transition Phase, Translation Exposure, Translation Gain Or Loss

Business and Personal Finance Dictionary

TRANSFORM - A process to change or convert. For example, a simple moving average is a filter to reduce ...
TRANSIT CHECK - a check not in the defined local area
TRANSIT ITEM - A check deposited and processed for collection that is drawn on another bank.
TRANSIT NUMBER - see ABA number.
TRANSIT ROUTING NUMBER - A nine-digit number contained in the MICR line of each check. The routing numb...
TRANSITION ASSET - An off-balance sheet asset created under FAS 87 rules when pension plan assets excee...
TRANSITION OBLIGATION - An off-balance sheet liability created under FAS 87 rules when the PBO exceeds ...
TRANSITION PHASE - A stage of development when a company begins to mature and its earnings decelerate t...
TRANSLATION EXPOSURE - in foreign exchange, is to convert the results of foreign operations from the lo...
TRANSLATION GAIN OR LOSS - An accounting gain or loss arising from the translation of the assets and li...