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T
TARGET 1 (Trans-European Automated Real-time Gross settlement Express Transfe)
Telepayment
Test key
Tiering arrangement
Time stamp token (TST)
Time stamping
Token
Traceability
Trade registration
Trade-for-trade settlement
Trade-for-trade settlement system
Transaction
Transaction Reference
Transaction Type Code
Transaction universally/partially-acknowledged in SIT
Transfer
Transfer of IBAN
Transmission control protocol/internet protocol (TCP/IP)
Travel and entertainment card
Trojan horse
Truncated bill of exchange
Truncated-cheque
Truncation
Trusted Third Party (TTP)
Truncated bill of exchange

A written order from one party (the drawer) to another (the drawee) to pay a specified sum on demand or on a specified date to the drawer or to a third party specified by the drawer. Widely used to finance trade and, when discounted with a financial institution, to obtain credit.