Glossary
Welcome to SFNet's Secured Finance Glossary of industry terms. Currently the SFNet Glossary has over 400 industry terms and definitions. You can search specific terms in the search tool above, or use the alpha tool below and progress on the paginations.
Treasury Management 
Treasury management (or treasury operations) comprises the management and administration of an enterprise's cash and liquidity resources. Cash and liquidity functions (or components) within Treasury Management include management of a company’s cash sources and uses, bank accounts, and investment activities.
Trial Balance
A trial balance is a bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit columns. A company prepares a trial balance periodically, usually at the end of every reporting period. The general purpose of producing a trial balance is to ensure the entries in a company's bookkeeping system are mathematically correct.
Trustee
An individual person or member of a board given control or powers of administration of property in trust with a legal obligation to administer it solely for the purposes specified.
Trustee may be appointed for a wide variety of purposes, such as in the case of bankruptcy, for a charity, for a trust fund or for certain types of retirement plans or pensions
Turnaround
A turnaround occurs when a company takes successful steps to correct a period of deteriorating financial performance.
Turnover
Turnover is an accounting term that calculates how quickly a business collects cash from accounts receivable or how fast the company sells its inventory.