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Digital assets and currencies

Understand assets, networks and trading mechanics with sources you can check.

Trading basics

Tiger economy

A tiger economy is the economy of a country which undergoes rapid economic growth, usually accompanied by an increase in the standard of living. The term was originally used for the Four Asian Tigers (South Korea, Taiwan, Hong Kong, and Singapore) as tigers are important in Asian symbolism, which also inspired the Tiger Cub Economies (Indonesia, Malaysia, Thailand, Vietnam and the Philip

Banking

TIIE

TIIE (Spanish: Tasa de interés interbancaria de equilibrio, English Interbank Equilibrium Interest Rate) is a reference rate for the currency Mexican peso. The TIIE is a representative rate of credit operations between banks and is calculated by the Bank of Mexico.

Trading basics

TikTok Shop

TikTok Shop is an e-commerce feature of the video hosting service TikTok. Officially launched in September 2023, the feature enables users interested in starting a business and generating income to upload their curated products on TikTok for others to discover and purchase. Daily sales averaged approximately US$7 million in October 2023.As of October 2026, it has been estimated that 54 m

Trading basics

Tillie the All-Time Teller

Tillie the All-Time Teller was one of the first ATMs, run by the First National Bank of Atlanta and considered to be one of the most successful ATMs in the banking industry. Tillie the All-Time Teller had a picture of a smiling blonde girl on the front of the machine to suggest it was user-friendly, had an apparent personality, and could greet people by name. Many banks hired women dre

Securities & exchanges

Tim Rose-Richards

Thomas Essery "Tim" Rose-Richards (6 June 1902 – 7 October 1940) was a British racing driver and Second World War pilot.

Banking

Time deposit

A time deposit or term deposit (also known as a certificate of deposit in the United States, and as a guaranteed investment certificate in Canada) is a deposit in a financial institution with a specific maturity date or a period to maturity, commonly referred to as its "term". Time deposits differ from at call deposits, such as savings or checking accounts, which can be withdrawn at any

Trading basics

Time preference

In behavioral economics, time preference (or time discounting, delay discounting, temporal discounting, long-term orientation) is the current relative valuation placed on receiving a good at an earlier date compared with receiving it at a later date. Applications for these preferences include finance, health, and climate change.

Fiat currencies

Time-based currency

In economics, a time-based currency is an alternative currency or exchange system where the unit of account is the person-hour or some other time unit. Some time-based currencies value everyone's contributions equally: one hour equals one service credit. In these systems, one person volunteers to work for an hour for another person; thus, they are credited with one hour, which they can r

Finance

Timeline of artificial intelligence risks in global finance

The following article is a broad timeline of the course of events related to artificial intelligence risks in global finance.

Finance

Tingo Group

Tingo Group, Inc. (formerly Tingo Inc.) was a publicly traded fintech and agri-fintech conglomerate initially established in Nigeria, with operations across Africa, Southeast Asia, and the Middle East.

Finance

Tipalti

Tipalti is an American multinational financial technology company headquartered in Foster City, California, with offices in Amsterdam, London, Plano, Tbilisi, Tel Aviv, Toronto, and Vancouver. The company provides accounts payable, procurement, expense management, and global payments automation software for businesses.

Banking

TIPANET

TIPANET (Transferts Interbancaires de Paiement Automatisés) is an international payment system set up by the European cooperative banks. Its shareholders were Natexis Banques Populaires, France; Banca Popolare Commercio e Industria, Italy; Istituto Centrale delle Banche Popolari Italiane, Italy; Banco Popular de España, Spain; Crédit Professionnel, Belgium; The Cooperative Bank plc, Unit

Trading basics

Title retention clause

A retention of title clause (also called a reservation of title clause or a Romalpa clause in some jurisdictions) is a provision in a contract for the sale of goods that the title to the goods remains vested in the seller until the buyer fulfils certain obligations (usually payment of the purchase price).

Trading basics

Tmoney

Tmoney (Korean: 티머니), formerly styled T-money, is a rechargeable series of smart cards and other "smart" devices used for paying transportation fares in South Korea. Tmoney can also be used in lieu of cash or credit cards in some convenience stores and other businesses. The Tmoney System has been implemented and is being operated by Tmoney Co., Ltd of which 34.4% owned by Seoul Metropoli

Trading basics

To rob Peter to pay Paul

"To rob Peter to pay Paul", and similar variants that have developed over the centuries such as "to borrow from Peter to pay Paul", and "to unclothe Peter to clothe Paul", are English idioms meaning to take from one person to give to another, especially when it results in the elimination of one debt by incurring another. Similar phrases are found in many languages. "Manoeuvring the Apost

Payments & settlement

Toast, Inc.

Toast, Inc. is an American cloud-based restaurant management software company based in Boston, Massachusetts. The company provides an all-in-one point of sale (POS) system built on the Android operating system.

Trading basics

Tobacco marketing targeting African Americans

Tobacco marketing targeting African-Americans is the practice of customizing tobacco products and advertising techniques specifically to African-American consumers. It is most commonly analyzed through the consumption of mentholated cigarettes, as it represents 47% of black adult smokers and 80% of adolescent black smokers.

Finance

Tobin tax

A Tobin tax was originally defined as a tax on all spot conversions of one currency into another. It was suggested by James Tobin, an economist who won the Nobel Memorial Prize in Economic Sciences. Tobin's tax was originally intended to penalize short-term financial round-trip excursions into another currency. By the late 1990s, the term Tobin tax was being applied to all forms of shor

Trading basics

Token coin

In numismatics, token coins or trade tokens are coin-like objects used instead of coins. The field of token coins is part of exonumia and token coins are token money. Their denomination is shown or implied by size, color or shape. They are often made of cheaper metals like copper, pewter, aluminium, brass and tin, or non-metals like bakelite, leather and porcelain.

Assets

Tokenomics

Tokenomics is the study and analysis of the economic aspects of a cryptocurrency or blockchain project, with a particular focus on the design and distribution of its native digital tokens. The term is a portmanteau of words token and economics.

Finance

Tokio Marine

Tokio Marine Holdings, Inc., is a multinational insurance holding company headquartered in Tokyo, Japan. It is the largest property/casualty insurance group in Japan in terms of revenue and is the parent company for the Tokio Marine Group which employs 39,000 people in 38 countries worldwide.

Trading basics

Tokyo Commodity Exchange

The Tokyo Commodity Exchange (Japanese: 東京商品取引所, Hepburn: Tōkyō Shōhin Torihikijo), or TOCOM, is an energy exchange in Tokyo, Japan. TOCOM is operated by Tokyo Commodity Exchange, Inc. (Japanese: 株式会社東京商品取引所, Hepburn: Kabushiki Gaisha Tōkyō Shōhin Torihikijo; Corporate Number: 4010001121906), a wholly owned subsidiary of Japan Exchange Group (JPX). Under the Commodity Derivatives Transac

Trading basics

Tom Barrack

Thomas Joseph Barrack Jr. (born April 28, 1947) is an American diplomat, private equity real estate investor and the founder and retired chairman of Colony Capital, a publicly traded real estate investment trust. Following his U.S. Senate confirmation, Barrack has served as United States Ambassador to Turkey since May 2025.

Networks

Tom Clancy's Ghost Recon Breakpoint

Tom Clancy's Ghost Recon Breakpoint is an online tactical shooter video game developed by Ubisoft Paris and published by Ubisoft. The game was released worldwide on 4 October 2019 for PlayStation 4, Windows, and Xbox One, and on 18 December 2019 for Stadia. The game is the eleventh installment in the Tom Clancy's Ghost Recon franchise and is a narrative sequel to the 2017 video game Tom

Trading basics

Tom Gores

Tom Gores (born Tewfiq Georgious, Arabic: توفيق جورجيوس; Greek: Τεουφίκ Γεωργίου; Hebrew: תאופיק ג'ורג'יוס; July 31, 1964) is an American-Israeli billionaire businessman. He is the founder of Platinum Equity, a private equity firm headquartered in Beverly Hills, California. In June 2011, Gores and Platinum Equity became the owners of the National Basketball Association's Detroit Pistons.

Trading basics

Tom Hicks

Thomas Ollis Hicks Sr. (February 7, 1946 – December 6, 2025) was an American private equity investor and sports team owner who was based in Dallas, Texas. Forbes magazine estimated Hicks's wealth at $1 billion in 2009, but it dropped to $700 million in 2010.

Trading basics

Tone at the top

"Tone at the top" is a term that originated in the field of accounting and is used to describe an organization's general ethical climate, as established by its board of directors, audit committee, and senior management. Having good tone at the top is believed by business ethics experts to help prevent fraud and other unethical practices. The very same idea is expressed in negative terms

Trading basics

Toning (coin)

Toning on a coin is the change of colour brought about through oxidization, which forms a thin layer of tarnish on the metal's surface, typically as a result of interactions and chemical reactions with sulfur-containing compounds in the environment. Coin toning can vary in aesthetics, and thus can alternately add or detract from a coin's value. Coins with unusual toning colours or patter

Trading basics

Tontine

A tontine () is an investment linked to a living person which provides an income for as long as that person is alive. Such schemes originated as plans for governments to raise capital in the 17th century and became relatively widespread in the 18th and 19th centuries.

Trading basics

Tony Hsieh

Anthony Hsieh ( SHAY; December 12, 1973 – November 27, 2020) was an American Internet entrepreneur and venture capitalist. He retired as the CEO of the online shoe and clothing company Zappos in August 2020 after 21 years. Prior to joining Zappos, Hsieh co-founded the Internet advertising network LinkExchange, which he sold to Microsoft in 1998 for $265 million.

Trading basics

Tony Ressler

Antony P. Ressler (born October 12, 1960) is an American businessman. He co-founded the private equity firms Apollo Global Management in 1990, and Ares Management in 1997. Ressler is also owner of the Atlanta Hawks basketball team, acquiring them in 2015. He is married to actress Jami Gertz. His net worth was estimated at $10.5 billion in 2026.

Banking

Too big to fail

"Too big to fail" (TBTF) is a theory in banking and finance that asserts that certain corporations, particularly financial institutions, are so large and so interconnected with an economy that their failure would be disastrous to the greater economic system, and therefore should be supported by government when they face potential failure. The colloquial term "too big to fail" was popular

Trading basics

Topps

The Topps Company, Inc. is an American company that manufactures trading cards and other collectables. Formerly based in New York City, Topps is best known as a producer of baseball and other sports- and non-sports-themed trading cards. Topps also produces cards under the brand names Allen & Ginter and Bowman.

Trading basics

Topstep

Topstep is a trader education and fintech enterprise, headquartered in Chicago, Illinois, active in more than 170 countries worldwide and founded by Michael Patak. It specializes in evaluating the performance of day traders through real-time simulated trading accounts. Originally founded as TopstepTrader, the company rebranded as Topstep in 2020 and was the first company to run a large

Banking

Torlonia

The House of Torlonia, the Princes of Civitella-Cesi, is the name of an Italian princely family from Rome, which acquired a huge fortune in the 18th and 19th centuries through administering the finances of the Vatican. The first influential member of the Torlonia family was Marino Torlonia (Tourlonias; 1725 – 21 March 1785), who rose from humble origins in the Auvergne region of France

Assets

Tornado Cash

Tornado Cash (also stylized as TornadoCash) is an open source, non-custodial, fully decentralized cryptocurrency tumbler that runs on Ethereum Virtual Machine-compatible networks. It offers a service that mixes potentially identifiable or "tainted" cryptocurrency funds with others, so as to obscure the trail back to the fund's original source. This is a privacy tool used in EVM networks

Trading basics

Toronto Computer Leasing Inquiry

The Toronto Computer Leasing Inquiry was a judicial inquiry into allegations of conflict of interest, bribery and misappropriation of funds around computer leasing contracts entered into by the City of Toronto government in 1998 and 1999. It was held concurrently with the Toronto External Contracts Inquiry.

Finance

Toronto-Dominion Bank

Toronto-Dominion Bank (French: Banque Toronto-Dominion), doing business as TD Bank Group (Groupe Banque TD), and commonly known as just TD, is a Canadian multinational banking and financial services corporation headquartered in Toronto, Ontario. The bank was created on February 1, 1955, through the merger of the Bank of Toronto and the Dominion Bank, which were founded in 1855 and 1869,

Trading basics

Toshiba

Toshiba Corporation (株式会社東芝, Kabushikigaisha Tōshiba; English: ) is a Japanese multinational electronics company headquartered in Saiwai-ku, Kawasaki, Kanagawa Prefecture. Its diversified products and services include power, industrial and social infrastructure systems, elevators and escalators, electronic components, semiconductors, hard disk drives, printers, batteries, lighting, as w

Trading basics

Toshiba Samsung Storage Technology

Toshiba Samsung Storage Technology Corporation (abbreviated TSST) is a former international joint venture company of Toshiba (Japan) and Samsung Electronics (South Korea). Toshiba used to own 51% of its stock, while Samsung used to own the remaining 49%. The company specialized in optical disc drive manufacturing. The company was established in 2004.

Trading basics

Total loss

In insurance claims, a total loss or write-off is a situation where the lost value, repair cost or salvage cost of a damaged property exceeds its insured value, and simply replacing the old property with a new equivalent is more cost-effective.

Trading basics

Total return swap

In finance, a total return swap (TRS), total rate of return swap (TRORS), or cash-settled equity swap is a financial contract that transfers both the credit risk and market risk of an underlying asset.

Trading basics

Totes Isotoner

Totes Isotoner Corporation, stylized totes»ISOTONER and often abbreviated to Totes, is an international umbrella, footwear, and cold weather accessory supplier, headquartered in Cincinnati, Ohio, United States. Totes is regularly billed in press reports as "the world's largest marketer of umbrellas". The company has divisions in the United States, Canada, UK, and France.

Finance

Totten trust

A Totten trust (also referred to as a "Payable on Death" account) is a form of trust in the United States in which one party (the settlor or "grantor" of the trust) places money in a bank account or security with instructions that upon the settlor's death, whatever is in that account will pass to a named beneficiary. For example, a Totten trust arises when a bank account is titled in the

Trading basics

Touch 'n Go

Touch 'n Go is a contactless smart card system used for electronic payments in Malaysia. The system was introduced in 1997 and is widely used for toll payments on highways, public transportation, parking, and other services. The card is equipped with a radio-frequency identification (RFID) chip that allows users to make payments by simply tapping the card on a reader device. Touch 'n Go

Trading basics

Touch 'n Go eWallet

Touch 'n Go eWallet is a Malaysian digital wallet and online payment platform, established in Kuala Lumpur, Malaysia, in July 2017 as a joint venture between Touch 'n Go and Ant Financial. It allows users to make payments at over 280,000 merchant touch points via QR code, as well as perform peer-to-peer (P2P) money transfers.

Trading basics

Touch piece

A touch piece is a coin or medal believed to cure disease, bring good luck, influence people's behaviour, carry out a specific practical action, etc.

Trading basics

Touchpoint

In marketing, a touchpoint describes any instance where a consumer interacts with an organisation's brand or image. This can include traditional advertising or company-owned resources such as a website, public exposure, and personal recommendations.

Securities & exchanges

Tour de la Bourse

The Tour de la Bourse (lit. 'Stock Exchange Tower') is a 48-storey skyscraper in Montreal, Quebec, Canada. It is located at the intersection of Victoria Square and Saint Jacques Street in the International Quarter. It is connected by the underground city to the Square-Victoria-OACI Metro Station.

Trading basics

Toy library

A toy library is a type of library that lends or hires out toys, puzzles, and games. They can function as either as a rental shop, part of a public library, or family resource program. Some toy libraries offer play sessions for families. Toy libraries are internationally federated by the International Toy Library Association (ITLA).

Trading basics

Toyetic

Toyetic is a term that describes the suitability of a media property, such as a cartoon or film, for merchandising tie-in lines of licensed toys, games, and novelties. The term is attributed to Bernard Loomis, a toy-development executive for Kenner Products, in discussing the opportunities for marketing the film Close Encounters of the Third Kind, telling its director Steven Spielberg th

Trading basics

Toys "R" Us

Toys "R" Us is an American toy, clothing, and baby product retailer that was founded in April 1948 by Charles Lazarus in Washington, D.C. The retailer initially began as Children's Supermart, selling furniture until it refocused itself as Toys "R" Us in June 1957.

Trading basics

TP ICAP

TP ICAP Group plc is a financial services firm headquartered in London, United Kingdom. Its stock is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Finance

Tracfin

Tracfin (acronym for Traitement du renseignement et action contre les circuits financiers clandestins, "Intelligence Processing and Action Against Clandestine Financial Circuits") is a service of the French Ministry of Finance. It fights money laundering.

Finance

Tracking error

In finance, tracking error or active risk is a measure of the risk in an investment portfolio that is due to active management decisions made by the portfolio manager; it indicates how closely a portfolio follows the index to which it is benchmarked. The best measure is the standard deviation of the difference between the portfolio and index returns.

Securities & exchanges

Tracking stock

Tracking stock (also known as letter stock and targeted stock) is a specialized equity offering issued by a company that is based on the operations of a defined business within the larger organization (such as, for instance, a wholly owned subsidiary of a diversified firm). Therefore, the tracking stock will be traded at a price related to the operations of the specific division of the c

Finance

Trade (finance)

In finance, a trade is an exchange of a security such as stocks, bonds, commodities, currencies, derivatives or any valuable financial instrument for "cash". Such a financial transaction is usually done by participants of an exchange such as a stock exchange, commodity exchange or futures exchange with a short-dated promise to pay in the currency of the country where the 'exchange' is lo

Banking

Trade and Industry Bank

The Trade and Industry Bank (Lithuanian: Prekybos ir pramonės bankas) was the first bank of the interwar Republic of Lithuania. It was established in 1918 and, by 1922, became the second largest bank in Lithuania, after Ūkio bankas. Due to mismanagement, it went bankrupt in 1927.

Trading basics

Trade and Investment Framework Agreement

A Trade and Investment Framework Agreement (TIFA) is a trade pact that establishes a framework for expanding trade and resolving outstanding disputes between countries.

Finance

Trade credit insurance

Trade credit insurance, business credit insurance, export credit insurance, or credit insurance is a type of insurance policy and a risk management product offered by private insurance companies and governmental export credit agencies to business entities wishing to protect their accounts receivable from loss due to credit risks such as protracted default, insolvency or bankruptcy. This

Finance

Trade finance

Trade finance is a phrase used to describe different strategies that are employed to make international trade easier. It signifies financing for trade, and it concerns both domestic and international trade transactions. A trade transaction requires a seller of goods and services as well as a buyer. Various intermediaries such as banks and financial institutions can facilitate these trans

Finance

Trade finance technology

Trade finance technology (abbreviated TradeTech, tradetech, or sometimes Trade Tech) refers to the use of technology, innovation, and software to support and digitally transform the trade finance industry. TradeTech can be seen as a subcategory under FinTech. As digital information becomes more readily accessible, convenient, and available, the trade finance industry is being gradually m

Trading basics

Trade name

A trade name, also known as a trading name, business name or operating name, is a pseudonym used by companies and other organizations that do not operate under their registered legal name. Registering the trade name with a relevant government body is often required.

Trading basics

Trade promotion (marketing)

In business and marketing, "trade" refers to the relationship between manufacturers and retailers. Trade Promotion refers to marketing activities that are executed in retail between these two partners. Trade Promotion is a marketing technique aimed at increasing demand for products in retail stores based on special pricing, display fixtures, demonstrations, value-added bonuses, no-oblig

Securities & exchanges

Trade repository

A Trade Repository or Swap Data Repository is an entity that centrally collects and maintains the records of over-the-counter (OTC) derivatives. These electronic platforms, acting as authoritative registries of key information regarding open OTC derivatives trades, provide an effective tool for mitigating the inherent opacity of OTC derivatives markets.

Trading basics

Trade-off theory of capital structure

The trade-off theory of capital structure is the idea that a company chooses how much debt finance and how much equity finance to use by balancing the costs and benefits. The classical version of the hypothesis goes back to Kraus and Litzenberger who considered a balance between the dead-weight costs of bankruptcy and the tax saving benefits of debt. Often agency costs are also included

Fiat currencies

Trade-weighted US dollar index

The trade-weighted US dollar index, also known as the broad index, was a measure of the value of the United States dollar relative to other world currencies. It was a trade weighted index that improved on the older U.S. Dollar Index by incorporating more currencies and yearly rebalancing. The base index value was 100 in January 2006.

Trading basics

TradeCard

TradeCard, Inc. was an American software company. Its main product, also called TradeCard, was a SaaS collaboration product that was designed to allow companies to manage their extended supply chains including tracking movement of goods and payments. TradeCard software helped to improve visibility, cash flow and margins for over 10,000 retailers and brands, factories and suppliers, and s

Trading basics

TradElect

TradElect was the London Stock Exchange's main electronic trading platform from 2007 to 2011. It ran on HP ProLiant servers running Windows Server 2003, using .NET technology and Microsoft SQL Server 2000. Its development took four years from project inception to rollout and had a total cost of £40 million.

Trading basics

Trademark

A trademark (also written trade mark or trade-mark) is a type of intellectual property that consists of a word, phrase, symbol, design, or combination thereof that identifies a product or service from a particular source and distinguishes it from others. Trademarks also extend to non-traditional marks like drawings, symbols, 3D shapes like product designs or packaging, sounds, scents, or

Trading basics

Trademark distinctiveness

Trademark distinctiveness is an important concept in the law governing trademarks and service marks. A trademark may be eligible for registration, or registrable, if it performs the essential trademark function, and has distinctive character. Registrability can be understood as a continuum, with "inherently distinctive" marks at one end, "generic" and "descriptive" marks with no distinct

Trading basics

TradeStation

TradeStation Group, Inc. is the parent company of online securities and futures brokerage firms and trading technology companies. It is headquartered in Plantation, Florida, and has offices in New York; Chicago; Richardson, Texas; London; Sydney; and Costa Rica. TradeStation is best known for the technical analysis software and electronic trading platform it provides to active traders an

Trading basics

Tradeweb

Tradeweb Markets Inc., headquartered in New York City, operates electronic trading platforms primarily used by institutional investors to trade fixed income products, ETFs, and derivatives. It has over 3,000 customers including banks, asset managers, central banks, pension funds, and insurance companies. In 2024, 83% of the company's revenue was from transaction fees and commissions and

Trading basics

Trading 212

Trading 212 is a European fintech brokerage group founded in Bulgaria in 2004 and headquartered in London, United Kingdom.

Trading basics

Trading curb

A trading curb (also known as a circuit breaker in Wall Street parlance) is a financial regulatory instrument that the relevant stock exchange organization implements to prevent stock market crashes. Since their inception, circuit breakers have been modified to prevent both speculative gains and dramatic losses within a small time frame. When triggered, circuit breakers either stop tradi

Trading basics

Trading of shareholder votes

Trading of shareholder votes is the practice of exchanging one's shareholder votes in corporate elections for cash or other forms of payment. Trades may involve multiple shareholders with varying interests in corporate matters, but may be of particular value to activist investors or a company's board of directors.

Finance

Trading room

A trading room gathers traders operating on financial markets. The trading room is also often called the front office. The terms "dealing room" and "trading floor" are also used, the latter being inspired from that of an open outcry stock exchange. As open outcry is gradually replaced by electronic trading, the trading room becomes the only remaining place that is emblematic of the finan

Finance

Trading strategy

In finance, a trading strategy is a fixed plan that is designed to achieve a profitable return by going long or short in markets.

Trading basics

Tradio

Tradio is a type of phone-in radio program formatted to provide a venue for listeners to freely advertise items they have to sell or trade. The concept is analogous to classified ads in local newspapers and most prevalent in the south and midwest. "Tradio" is a portmanteau of "trade" and "radio". The format is also often called Swap Shop; Buy, Sell, or Trade; Biz Baz; or Trading Post.

Trading basics

Traditional investments

In finance, the notion of traditional investments refers to putting money into well-known assets (such as bonds, cash, real estate, and equity shares) with the expectation of capital appreciation, dividends, and interest earnings. Traditional investments are to be contrasted with alternative investments.

Trading basics

Train ticket

A train ticket is a transit pass ticket issued by a railway operator that enables the bearer to travel on the operator's network or a partner's network. Tickets can authorize the bearer to travel a set itinerary at a specific time (common for long-distance railroads), a set itinerary at any time (common for commuter railroads), a set itinerary at multiple times, or an arbitrary itinera

Securities & exchanges

Tranche

In structured finance, a tranche (French pronunciation: [tʁɑ̃ʃ]) is one of a number of related securities offered as part of the same transaction. In the financial sense of the word, each bond is a different slice of the deal's risk. Transaction documentation (see indenture) usually defines the tranches as different "classes" of notes, each identified by letter (e.g., the Class A, Class

Banking

Transaction account

A transaction account (also called a checking account, cheque account, chequing account, current account, demand deposit account, or share account at credit unions) is a deposit account or bank account held at a bank or other financial institution. It is available to the account owner "on demand" and is available for frequent and immediate access by the account owner or to others as the

Banking

Transaction authentication number

A transaction authentication number (TAN) is used by some online banking services as a form of single use one-time passwords (OTPs) to authorize financial transactions. TANs are a second layer of security above and beyond the traditional single-password authentication.

Trading basics

Transcreation

Transcreation is a term coined from the words "translation" and "creation", and a concept used in the field of translation studies to describe the process of adapting a message from one language to another, while maintaining its intent, style, tone, and context. A successfully transcreated message evokes the same emotions and carries the same implications in the target language as it doe

Trading basics

Transfer mispricing

Transfer mispricing, also known as transfer pricing manipulation or fraudulent transfer pricing, refers to trade between related parties at prices meant to manipulate markets or to deceive tax authorities. The legality of the process varies between tax jurisdictions; most regard it as a type of fraud or tax evasion.

Trading basics

Transfer pricing

Transfer pricing refers to the rules and methods for pricing transactions within and between enterprises under common ownership or control. Because of the potential for cross-border controlled transactions to distort taxable income, tax authorities in many countries can adjust intragroup transfer prices that differ from what would have been charged by unrelated enterprises dealing at arm

Networks

Transient-key cryptography

Transient-key cryptography is a form of public-key cryptography wherein keypairs are generated and assigned to brief intervals of time instead of to individuals or organizations, and the blocks of cryptographic data are chained through time. In a transient-key system, private keys are used briefly and then destroyed, which is why it is sometimes nicknamed “disposable crypto.” Data encryp

Finance

Transparency Directive

The Transparency Directive, Transparency Obligations Directive or Directive 2004/109/EC is an EU Directive issued in 2004, revising an earlier Directive 2001/34/EC. The Transparency Directive was amended in 2013 by the Transparency Directive Amending Directive (Directive 2013/50/EU).

Trading basics

Travel behavior

Travel behavior is the study of what people do over geography, and how people use transport.

Trading basics

Travel Portland

Travel Portland, formerly the Portland Oregon Visitors Association, is a destination marketing organization in Portland, Oregon, United States. Established in 1978, it is a private, nonprofit organization and the largest destination marketing organization in Oregon. Travel Portland has operated visitor centers at Pioneer Courthouse Square and Director Park in downtown Portland, and has a

Trading basics

Travelex

Travelex International Limited is a foreign exchange company founded by Lloyd Dorfman and headquartered in Peterborough, United Kingdom. Its main businesses are foreign currency exchange, issuing prepaid credit cards for use by travellers, supplying central banks with foreign currency and global remittance. Travelex operates more than 600 stores and 700 ATMs in over 20 countries.

Trading basics

Traveller's cheque

A traveller's cheque is a medium of exchange that can be used in place of the currency of a country. Each cheque is denominated in a preprinted fixed, round, amount of one of a number of major world currencies; it has two panels for a signature. The purchaser signs one panel of each cheque on receiving it; to use it, it is signed on the second panel and dated in the presence of the payee

Trading basics

Travelodge

Travelodge or Travelodge by Wyndham (formerly branded TraveLodge) . Current operations include the United States and Canada

Finance

Treasure Islands

Treasure Islands: Tax Havens and the Men who Stole the World (2011) is a non-fiction book about the secretive role of offshore banks and tax havens in global economic affairs. The book was written by Nicholas Shaxson, a political analyst and associate Fellow of the Royal Institute of International Affairs. It was first published on 6 January 2011.

Finance

Treasurer

A treasurer is a person responsible for the financial operations of a government, business, or other organization.

Trading basics

Treasurer of the United States

The treasurer of the United States is an officer in the United States Department of the Treasury who serves as the custodian and trustee of the federal government's collateral assets and the supervisor of the department's currency and coinage production functions. On March 23, 2025, Donald Trump named Georgia state senator Brandon Beach—breaking a 76-year streak of women holding the posi

Finance

Treasury

A treasury is either:

Finance

Treasury (Australia)

The Department of the Treasury, also known as the Treasury, is the national treasury and financial department of the federal government of Australia. The treasury is responsible for executing economic and fiscal policy, market regulation and the delivery of the federal budget with the department overseeing 16 agencies. The Treasury is one of only two departments that have existed contin

Trading basics

Treasury basis trade

Treasury basis trading is a financial strategy that involves taking offsetting positions in a cash market instrument (typically a U.S. Treasury bond) and its related derivative, such as a Treasury futures contract. The strategy seeks to exploit pricing discrepancies between the two instruments, which are expected to converge over time. It is a specialized form of basis trading applied to