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T/ Ta Te Th Ti To Tr Ts Tu Ty
Tim Tir Tit

Time bar

A limit in time as to when an action may be taken, such as claiming against a carrier for transit-related damage.

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Time charter

A charter agreement providing the charterer with the use of a vessel for a stated length of time, or for one or consecutive voyages among ranges of ports.

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Time draft

A financial instrument demanding payment at a future fixed rate, or at a specified period of time after sight (30, 60, 90 day etc.), or after the date of issue. Also called usance draft.

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Time value money

The value of a sum of money, taking into account the amount of interest that could be earned over a period of time.

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