Time Deposit - A bank deposit that is not payable on demand.
Trade Program - A term for the participation in the buying and the selling of bank debentures.
Trance - A specified part of a larger transaction. Each purchase and resale of a separate block of bank instruments within the total transaction is known as a trance. For example, a contract may be signed to buy 100 million US dollars worth of bank paper with an initial trance (or purchase) of 25 million US dollars.
Transfer - The form signed by the seller of a security authorizing the company to remove his name from the register and substitute that of the buyer.