Legal Dictionary - T

Taxable income: The income against which taxes are applied. This typically includes gross income for businesses and adjusted gross income for individuals less deductions and exemptions.

Temporary relief: Any court action or order that serves to protect a party’s interest pending further action by the court.

Testimony: The evidence that a witness provides under oath.

Tort law: The body of law that allows one to be compensated in the event that someone's carelessness, recklessness or intentional misconduct injures or damages you or your personal belongings. There are three main classes of torts: intentional torts; negligent torts; and strict liability torts.

Transcript: A verbatim, written record of what was said. Transcripts are commonly available to document events at a deposition, trial, hearing, or other proceeding.