A set of standards for facsimile (fax) machines published by the ITU-T in 1978. Machines conforming to T.2 later became known as Group II. See also facsimile, Group II, ITU-T, T.2, T.4, and T.6.
(Transaction plus 3 days) In financial processing, the ability to complete a stock transaction within three days of the day it was made, which includes settlement, payment and transfer of ownership.