T

adj. stands for Tight.
As in a tight situation: a situation which is stressful and/or dangerous or a close call.
'By the skin of one's teeth.'
If a situation is particularly tight, one might say 'capital T'.

(After escaping from an angry mob of torch and pitchfork wielding villagers)
Doctor F: That was T.
Igor: Yah, capital T.

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