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Teind Court.Scots law. A court that adjudicates questions relating to teinds, esp. increases in the stipends of parish ministers. • It includes one of the judges of the Court of Session, sitting as Commissioner of Teinds. — Also termed Court of Teinds. [Blacks Law 8th]

teen court.See COURT [Blacks Law 8th]

teind (teend).Scots law. (usu. pl.) A tithe. teind,vb. — teindable,adj. [Blacks Law 8th]

fail position.A situation existing when, after all transactions in a security have been netted out, a broker owes another broker more securities than it has coming in from other firms.[Blacks Law 8th]

1. The sale or licensing of intellectual property. 2. The field involving the sale and licensing of intellectual property. • Many major universities have an office of technology transfer to control the university’s intellectual property and generate income from it. [Blacks Law 8th]

Technology Administration.A unit in the U.S. Department of Commerce responsible for working with industry on ways to use technology to stimulate economic growth. • The agency also carries out technology programs and disseminates information about technology. It has three offices: the Office of Technology Policy (OTP), the National Institute of Standards and Technology (NIST), and…

technical trust.See passive trust under TRUST [Blacks Law 8th]

technical trademark.See TRADEMARK. [Blacks Law 8th]

technical estoppel.See ESTOPPEL-technical mark.See technical trademark under TRADEMARK. [Blacks Law 8th]

technical error.See harmless error under ERROR(2). [Blacks Law 8th]