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TALLER CERRADO (CLOSED SHOP)- (ECO)- A business that hires only workers who are already union members.

TARIFA (TARIFF)- (ECO)- A tax levied on imported goods.

TARIFA PREFERENCIAL (PREFERENTIAL TARIFF)- (ECO)- Tariff that offers advantages to one nation (or several) over other nations.

TARIFA PROTECTORA (PROTECTIVE TARIFF) - (ECO)- A tariff intended to protect domestic producers from foreign competition.

TASA DE CONVERSION (CONVERSION RATE)- (FIN)- The ratio in which a convertible security can be converted into common stock.

TASA DE DESCUENTO (DISCOUNT RATE)- (FIN)- Rate used to convert future cash flows to present value. (AC)- Interest rate charge by the Federal Reserve Bank to its member banks for loans: also called rediscount rate. The federal discount rate is less than the prime rate.

TASA DE DESEMPLEO (UNEMPLOYMENT RATE)- (ECO)- The percentage of the civilian labor force who are not employed.

TASA DE IMPUESTO PROMEDIO (AVERAGE TAX RATE)- (FIN)- The quotient found by dividing the amount of taxes owed by the related amount of taxable income.

TASA DE INTERES NOMINAL (NOMINAL INTEREST RATE)- (FIN)- Equals that stated interest rate, not taking into account compounding or inflation.

TASA DE RENDIMIENTO (RATE OF RETURN)- (ECO)- Annual profit as a percent of net worth. (FIN)- Discount rate at which the present valueof future returns(additional revenues less operating costs) from new plant or equipment equals the acquisition price of the plant or equipment.

TENDENCIA SECULAR (SECULAR TREND)- (ECO)- The trend in economic activity over an extended period of many years.

TRUEQUE (BARTER)- (ECO)- The exchange of one good or service for another without the use of money.

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