TOFC

Abbreviation for "Trailer on Flat Car." The movement of a highway trailer on a railroad flatcar. Also known as Piggyback.

Source: U.S. Maritime Administration.

Last reviewed October 2023

Today on Verdict

SEC Expands Employer Cutbacks in Compensation for Erroneous Compensation Awards

NYU Law professor Samuel Estreicher and 2L Samuel Ball discuss the SEC’s new Rule 10D-1, which requires securities exchanges to mandate that listed companies adopt policies to recover erroneously awarded executive compensation in the event of an accounting restatement.

Arizona and Abortion: The Calendar Is Lying When It Reads the Present Times

Stanford Law visiting professor Joanna L. Grossman and student Dr. Lauren N. Haumesser discuss a recent Arizona Supreme Court ruling that upheld an 1864 law banning nearly all abortions in the state, even in cases of rape or incest, with the only exception being to save the pregnant woman’s life.