"unless there are some specific area, and specific materials where make this term being a specific meaning, it indicates the max temeprature at which a material can be used in applications/engineering. Strength can be decreased to the extend that it is still meet the spec. For example, suppose a spec. asks for a min strenght 50ksi, a material yields 100ksi, the material is still usable when strength decreases with temperature down 40% of strength to 60ksi."
Thanks for the response all. I still find this this a tricky phrase. 'Perhaps' it may indicate that the under Tmax certain heat treatments / alloying properties are not effected but still there is degradation in thensile strength regardless, as also pointed out above.
If I'll ever run in to this I'll sure give it some second thoughts just to be sure.