The " ticker " abbreviation for " tenninal."
The " tael " is a weight as used in the Chinese money system. It is in no sense a monetary unit.1
" By tale;" i. e. by count. In transactions regarding metallic money, " by tale" is used to distinguish from "by weight." The former would have reference to the sum total of a given amount of gold coin, for instance, without any regard to the abrasion; whereas "by weight" would mean its actual value, abrasion deducted, and would naturally give a less total sum than as if reckoned " by tale."
" Talent bought the stock." Those very close in touch with financial affairs; members, for instance, of a stock exchange; bankers and brokers or "professional traders." (See " Traders.") The ordinary investor or speculator would not be included among the "talent."
In the case of a coupon bond, particularly one having no definite date of maturity, but issued in perpetuity, the supply of coupons attached to the same may become exhausted. Under such circumstances, there remains attached to the bond what is termed a " talon " which enables the holder to demand a fresh supply of coupons. This is an English term and custom.
See " Ticker."
The price of a security as indicated by the "tape." (See "Tape.") _
Tare is the weight of the vehicle, cask, or package in which a commodity is shipped; as in the case of a load of hay, the difference in weight between the total weight, including the cart, and the weight of the hay itself is the tare, and must be deducted from the total weight to ascertain the true weight of the hay.
See " Delinquent Tax Certificates."
See " Non-taxable Investments." Tax Free Investments. See " Non-taxable Investments." Tax Refund. Used in relation to an issue of securities where an agreement exists that certain taxes, which the holder may be compelled to pay, will be refunded.
To illustrate: In the issue of convertible notes put out by the United Gas & Electric Corporation, it was provided that annual taxes paid in Massachusetts would be refunded through the First National Bank, of Boston, in accordance with and subject to the terms and provisions of an agreement executed between the corporation and the bank.