<..unix tfm fonts..>
tpath/tex/texmf/fonts/tfm/!
-_-_-
<..win32 tfm fonts..>
tc:\path\tfm!
-_-_-
<..my tfm fonts..>
t/usr/local/teTeX/share/texmf/fonts/tfm/!
t/var/tmp/texfonts/tfm/!
t/usr/local/teTeX/texmf/fonts/vf/!
-_-_-
The t/var/tmp/texfonts/tfm/! are for fonts created on the fly during the compilation by tex.