| x | x |
| tariff | a government duty imposed on imports |
| tax evasion | the illegal practice of paying less money in taxes than is due |
| tax haven | a country that has very low taxes |
| tiger | any of the key markets in the Pacific region, except Japan: Hong Kong, South Korea, Singapore and Ta |
| tight money | a situation where it is expensive to borrow money |
| Treasury | a government department responsible for the nation's financial policies, as well as the management o |
| turnover | total sales revenue for an accounting period |
| tyre kicker | a potential customer who asks for information and requires attention but does not buy anything |
| unemployment | the situation when some members of a country's labour force are willing to work but cannot find empl |
| unlimited liability | full responsibility for the obligations of a general partnership |
| unlisted company | a company that has no securities listed on a stock exchange |
| variable interest rate | an interest rate that changes in relation to a standard index during the period of a loan |
| VAT | value-added tax |
| wages | a form of pay given to employees for the work they have done on a weekly basis |
| wear and tear | the deterioration of a tangible fixed asset as a result of normal use |
| wholesale price | a price charged to customers who buy large quantities of an item |
| white knight | a person or entity liked a company's management who buys the company when a hostile company is tryin |
| whizz kid | a young, successful person who makes a lot of money in large financial transactions |
| white elephant | a product or service that has not sold well despite large amounts of money pumped into its developme |
| write-off | a reduction in the recorded value of an asset, usually to zero |
| yield | a percentage of the amount invested that is the annual income from the investment] |