technological revolution: refers to a relatively sudden
change resulting from the introduction of new products or
processes.
technology: the application of science to commerce and
industry.
term loans: loans that are generally several years' long.
testimonials: advertisements in which a famous per-
son claims that he or she uses and enjoys a particular product.
thrift institutions: savings and loan associations,
mutual savings banks and credit unions.
trade deficit: what the U.S. has with Japan. Imports
exceed exports - or we buy more than we sell. Opposite of
trade surplus. trade loans: credit extended by vendors to their
customers.
trade surplus: exports exceed imports - or you sell more
than you buy. Opposite of trade deficit. trademarks: special designs, names or unique sym-
bols that identify a product, service or company.
