Archives: Glossary Terms

THREAD

A middle line of a stream, river, or road.

THREE PHASE WIRING

A method of wiring, used in industrial buildings, allowing a series of heavy machines to be used at the same time, without overload.

THRESHOLD

A wooden strip under an outside door; the entrance to a building being over the threshold.

TIDAL BASIN

A bay or inlet without water gates. The water level varies directly with the ebb and flow of the tide.

TIDE

The ebb and flow of the sea. The tide reaches its ebb (low tide) and its flow (high tide) twice in each day (actually 24 hours 51 minutes).

TIDE LANDS

Lands which are covered at the highest point of the tide. These lands are state property and cannot be used for private purposes. Even though the tide may lower over a period of years, the land still remains state property.

TIE BEAM

A beam which acts to hold other structural members together, as a beam of a roof. Also called a collar tie.

TIER

A group of townships which form a row across a map, running East and West.

TIL

See: Truth in Lending.

TILE

A general term used to describe ceramic materials used for floors, facing of walls, and trim; also square, flat materials of many varieties of both composition and usage, such as acoustical ceiling tile, carpet tile, field tile, sewer tile, etc.

TILL

Unstratified glacial deposits, composed of clay, sand, gravel, rocks, in any proportion.

TILLABLE LAND

Land which may be plowed and planted without special preparation, such as cutting trees, removing boulders, etc.

TILT-UP CONSTRUCTION

A method of construction whereby precast concrete walls are tilted upright at the building site. Faster and less expensive than building the walls upright at the site.

TILTH

(1) Land which has been cultivated (tilled). (2) The crop produced from tilled land.

TIMBER

A general term applied to trees, standing or cut. Wood of a large size. Usually a piece of wood larger than 4″ X 4″ in cross-section.

TIME IS OF THE ESSENCE

Clause used in contracts to bind one party to performance at or by a specified time in order to bind the other party to performance.

TIME VALUE OF AN OPTION

The value of an option based on the expiration date. Example: An option to purchase property would be worth less if it expires in one week than it would be if it expires in one year, even though the price and terms are the same. The reasoning is that the value of the property has a better chance to increase in a year than in a week, making the one year option a better deal.

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