Business Finance Glossary - T

Tenancy

The temporary possession or occupancy of property that belongs to another. It also refers to the period of a tenant's possession.

Tenure

The way in which a property is held, eg freehold tenure or leasehold tenure.

Trade Finance

Trade Finance also known as transactional finance provides companies with the funds to pay suppliers for the purchase of finished goods. When there is the need for a product and secure orders against the products required then trade finance can bridge the funding gap between purchasing the goods and the final sale to a customer of your business.