Abstract We present a detailed investigation of the Algol-type binary TZ Lyrae, based on 55 light minimum timings spanning 90 years. It is found that the orbital period shows a long-term increase with a cyclic variation superimposed. The rate of the secular increase is dP/dt = +7.18×10−8d yr−1, indicating that a mass transfer from the less massive component to the more massive one at a rate of dm = +2.21×10−8M⊙ yr−1. The cyclic component, with a period of P3 = 45.5 yr and an amplitude of A = 0.d0040, may be interpreted as either the light-time effect in the presence of a third body or magnetic activity cycles in the components. Using the latest version Wilson-Devinney code, a revised photometric solution was deduced from B and V observations. The results show that TZ Lyr is an Algol-type eclipsing binary with a mass ratio of q = 0.297(±0.003). The semidetached configuration with a lobe-filling secondary suggests a mass transfer from the secondary to the primary, which is in agreement with the long-term period increase of the binary system.
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