Therm

Energy Term

Therm is a unit of measurement for heat energy, commonly used in the energy industry. It is defined as the amount of heat required to raise the temperature of one pound of water by one degree Fahrenheit. One therm is equivalent to 100,000 British Thermal Units (BTUs).

Therm is used in the energy industry as a unit of measurement for natural gas consumption. Natural gas is a widely used fuel source for heating and electricity generation. The amount of natural gas consumed is measured in therms, which is then used to calculate the cost of consumption.

Therm is also used in energy efficiency calculations. For example, the efficiency of a furnace or boiler is often measured in terms of the percentage of the fuel energy it converts into usable heat. The energy industry also uses therm to measure the output of power plants, particularly those that produce electricity through the combustion of natural gas.

Overall, therm is a key unit of measurement used in the energy industry to quantify heat energy and natural gas consumption and is crucial for energy efficiency and cost calculations.


More Glossary Terms Beginning with T
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    Health Care Term Letter: T
  • Table Games
    typical casino games, including card games such as baccarat, blackjack and hi-lo (also known as ?Sic bo?) as well as craps and roulette. Hotels & Leisure Industry
    Hotel & Leisure Term Letter: T
  • Table games win per unit per day
    equals the drop amount plus credit slips (receipts for chips returned from a gaming table chip tray to the treasury, indicating income to the table) and less fills to the table. Hotels & Leisure Industry
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  • Tangible Book Value per Common Share
    Ratio consisting of tangible common equity (TCE) over period-end common shares outstanding.
    Financial Term Letter: T
  • Tangible Capital
    Total capitalization less goodwill and other intangible assets.
    Financial Term Letter: T
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    A ratio which may be used to evaluate a companys capital position. TCE/TA includes common equity less goodwill and other intangible assets over tangible assets. Tangible assets includes a companys total assets less goodwill and other intangible assets.
    Financial Term Letter: T
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    Fundamental Analysis Letter: T
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    With respect to any Person at any date, the excess of the total assets over total liabilities of such Person on such date, each to be determined in accordance with GAAP consistent with those applied in the preparation of A-12 Seller?s financial statements less the sum of the following (without duplication): (a) the book value of all investments in non-consolidated subsidiaries, and (b) any other a
    Financial Term Letter: T
  • Tax Authority
    means any federal, state, provincial, regional, territorial, local or other fiscal, revenue, customs or excise authority, body or official competent to impose, collect or asses tax.
    Economy Term Letter: T
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    The yield necessary from a fully taxable investment to equal, on an after-tax basis, the yield of a municipal bond investment.
    Financial Term Letter: T
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    Energy Term Letter: T
  • Tcfe
    Trillion cubic feet of gas equivalent Oil and NGL volumes are converted to natural gas equivalents. Cubic foot is a common unit of gas measurement. One standard cubic foot equals the volume of gas in one cubic foot measured at standard conditions - a temperature of 60 degrees Fahrenheit and a pressure of 30 inches of mercury (approximately 14.7 pounds per square inch).
    Energy Term Letter: T