Third-Party Claim
A claim against someone other than your employer or your own insurer.
Why it matters: In workplace injuries it is the only route to pain and suffering damages.
Run the construction accident claim →11 terms
Dictionary — T
Third-Party Claim, Time-of-Use Tariff, Total Loss, Transfer Tax and more. Each definition explains what the term means and why it changes a number.
Time-of-Use Tariff
Electricity pricing that varies by hour, charging more during peak demand periods.
Why it matters: Shifting laundry and dishwashing outside peak hours cuts the bill without reducing consumption at all.
Run the electricity cost →Total Loss
When repair cost plus salvage value exceeds the vehicle's actual cash value, so the insurer pays the value instead.
Why it matters: The threshold varies by state, and the valuation is negotiable with comparable listings.
Run the insurance claim value →Transfer Tax
A tax on transferring property title, charged by state, county or city.
Why it matters: It varies enormously between counties and is one of the few closing costs that is genuinely non-negotiable.
Run the closing cost →Trust Fund
A fund established by a bankrupt manufacturer to pay current and future asbestos claims.
Why it matters: It is a separate recovery channel from a lawsuit, and both can usually be pursued in parallel.
Run the mesothelioma claim →Tail Coverage
An extension letting a claims-made policy respond to claims reported after it ends.
Why it matters: Without it, retiring or switching insurers can leave past work entirely uncovered.
Run the umbrella insurance needs →Term Life
Life cover for a fixed period, with no cash value and a much lower premium.
Why it matters: It matches a defined need such as a mortgage or raising children, which is most people's need.
Run the life insurance needs →Title Insurance
Coverage against defects in property ownership that predate your purchase.
Why it matters: It is one of the closing costs you are allowed to shop for, and prices vary meaningfully.
Run the closing cost →Tolling
A pause in the running of a limitation period, for example while a claimant is a minor.
Why it matters: It extends deadlines in some cases but should never be relied on without confirming it applies.
Run the birth injury claim →Total Loss Threshold
The repair-to-value percentage at which a state requires a vehicle to be declared a total loss.
Why it matters: It varies widely, so an identical repair can be totalled in one state and repaired in another.
Run the total loss settlement →Trust Services Criteria
The control categories a SOC 2 audit reports against: security, availability, confidentiality, processing integrity and privacy.
Why it matters: Each additional criterion adds audit work, so scope is the biggest cost lever available.
Run the soc 2 compliance cost →Estimates, not advice. Every figure here is produced from the inputs you enter and the formula printed on the page. Rules differ by state, carrier, lender and contract, so use these numbers to prepare for a conversation with a qualified professional rather than to replace one. See our full disclaimer.