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					Word(s) :   Tax Allowances - Amounts deducted from your total income to calculate your taxable income. Tax Credit - The amount that an ISA manager can reclaim from the Inland Revenue in respect of share dividends received. Temporary Absence - A period during which a member of a group insurance scheme can be away from work and continue to be covered by the insurance. Term - the length of time over which a loan or mortgage is repaid. Term Insurance - The most popular form of life insurance, paying out a tax-free lump sum if you die within a specified period. Terminal Bonus - Additional bonus that may be paid when a claim arises under a with-profit policy, either at maturity or on death of the policyholder. TESSA - Tax Exempt Special Savings Account - A form of tax-free saving, withdrawn in April 1999. TESSA Only ISA - An ISA savings account that provides a tax-free home for capital from a mature TESSA. Testate - A person who has made a valid Will. Third Party Only - Car insurance covering you and your passengers against claims for any damage you cause to another person or their property in an accident. Third Party Fire and Theft - Car insurance covering you if your car is stolen or damaged in a fire. Also provides cover for you and your passengers against claims for any damage you cause to another person or their property in an accident. Tiered Rate - An interest rate that varies. Oftern depending on how much is deposited in an account, and other parameters. Tiered Mortgage rate - A mortgage interest rate that varies. Oftern depending on time since the account was opened, and other parameters. Title - A legal right or document proving legal right. Title Deeds - Documentation proving ownership of a leasehold or freehold property. Total Borrowing - The total amount you've actually borrowed on your account. Total Disability - The inability to do your job or manage aspects of your normal day-to-day life. Tracker Account - A savings account with an interest rate that tracks changes in general interest rates. Tracker Find - A type of unit trust that tracks a stock market index such as the FTSE 100. Tracker Mortgage - Tracks movements in the Bank of England base rate so that you benefit quickly from a fall in interest rates. Transfer Deeds - a document that transfers ownership of a property to the signatory. Transfer Fee - May be charged by your current insurer if you transfer to a different insurer. Transfer Payment - Payment of a lump sum for the value of an employee's pension rights, from one Pension Scheme to another Pension Scheme, or to a Buy Out Policy. Transfer Value - Instead of receiving a pension when leaving a work pension scheme, a member has the right to transfer the pension value to a scheme operated by a new employer or a personal pension plan. Travel Insurance - a type of insurance taken out by holidaymakers or travellers to cover them in case of cancellation, loss, theft or costs incurred through medical bills. Can be taken out for specific activities, for example, ski insurance. Trust - A legal arrangement whereby assets are held by one or more appointed persons (trustees) for the benefit of others (beneficiaries). Trust Deed - A legal document that establishes and governs the operation of a trust.