Relationship determined by the math of compound interest between monetary values at one point in time and their values at other points in time. Implicit in any consideration of time value of money are the rate of interest and the period of compounding.
Insurance Encyclopedia
Time-Weighted Average (TWA)
Measure of the concentration of a potentially harmful airborne chemical or physical Agent during a specified interval, such as an eight-hour workday. During this interval, the concentration of a specified substance is measured continuously (or very frequently) so that the intensity and duration of each level of exposure can be determined. The time-weighted average exposure is computed by multiplying each observed level of exposure by its duration, adding the resulting products, and dividing by the total duration.
Timing risk
1. Risk attaching to an insurer that losses become payable earlier than expected. This prevents the insurer from earning his anticipated investment income or requires the premature liquidation of assets or raising loans to satisfy the claims. Financial reinsurance methods are primarily concerned with allowing insurers to smooth out losses over time. 2. The risk that an investor buys or sells investments at the wrong time.
Tinnitus
A noise in the ears that may accompany loss of hearing. Tinnitus may have a significant effect on the damages awarded in claims based on occupational deafness.
Tippers for Motor
These are goods carrying transport vehicle used for carrying loose and bulk goods viz., mining materials, sand, blue metals, coal etc. These tippers normally operate for short distance only like Harbors, cement factories, Mines, Earthen Work, Road work etc and are 2 cu meters of load areas up to 100 cu meters presently working in mines. These vehicles have power take off shaft in the gear box to drive the hydraulic pump which develops the pressure used for lifting the load body with the help of telescopic jack. The cabin for the tipper is almost similar to common truck.
Title
The means whereby the owner of lands has the legal possession of his party. It also refers to the instruments which prove evidence of his right.
Title Deed
The successive deeds upon which title rests. The owner of the land is properly entitled to these instruments which go with the land.
Title Guarantee Bond
Under the Policy an agreement binds the Insurer to indemnify the insured for such losses as specifically delineated by reason of defects in the title real estate providing there are no exceptions listed on guarantee.
Title III of the Older Americans Act
Statutory authority that provides services to individuals age 60 and older such as congregate and home-delivered meals, supportive services (transportation, information and referral, legal assistance), in-home services (homemaker services, personal care, chore services), and health promotion and disease prevention services (health screenings and exercise programs).
Title insurance
A kind of insurance that provides coverage to the owner of real property against claims that their ownership of the property is not valid because of mistakes made in the title paperwork.
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contract which indemnifies the owner or mortgagee of real estate against specified types of losses arising from defects in legal title to the property, liens, or encumbrances not specified in the title Insurance Policy, which the title Insurer issues only after an extensive search of real property and other legal records to find such flaws.
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Coverage for losses if a land title is not free and clear of defects that were unknown when the title insurance was written.
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Insurance that indemnifies the owner of real estate in the event that someone challenges his or her ownership of property, due to the discovery of faults in the title.