T+0 Settlement
T+0 settlement means a transaction settles on the same business date as the trade or transaction date, where T represents that originating…
Glossary terms starting with T
Numbers and symbols are grouped under #. Letter matching ignores case and uses the first displayed title character.
Tail Risk
Tail risk is exposure to rare or extreme outcomes located far from the center of an expected probability distribution. Tail Risk must…
Tail-Risk Hedge
A tail-risk hedge is a position or arrangement intended to gain value or limit losses during rare and severe adverse events. A…
Tainted-Funds Payment
A tainted-funds payment is a payment containing cryptocurrency that a screening or investigation process associates with illicit, sanctioned, stolen, or otherwise high-risk…
Taproot
Taproot is a Bitcoin upgrade that introduced SegWit version 1 outputs using Schnorr signatures and a structure that can commit to multiple…
Taproot Address
A Taproot address is a Bitcoin address for a SegWit version 1 output, commonly beginning with `bc1p` on mainnet and encoded with…
TARGET Instant Payment Settlement (TIPS)
TARGET Instant Payment Settlement (TIPS) is the Eurosystem service that settles eligible instant payments in central bank money around the clock. TIPS…
Targeted Risk Analysis
Targeted Risk Analysis is a measurable uncertainty or exposure that evaluates a specific requirement, activity, threat, or control decision using documented factors…
Targeted Sanctions
Targeted Sanctions are sanctions designed to restrict specified persons, entities, sectors, activities, or property rather than broadly prohibit most dealings with an…
Tax API
Tax API is an API interface concept that calculates, retrieves, validates, or reports tax information for transactions using location, product, customer, and…
Tax Rate
Tax Rate is the percentage or other calculation factor applied to a taxable amount under a specified tax rule. In tax calculation…
Tax Rule
Tax Rule is a rule that determines whether, where, when, and how tax applies to a commercial transaction. In tax calculation and…
Tax Token
A tax token is a token that deducts, redirects, burns, or redistributes a defined percentage during transfers, buys, sells, claims, or other…
Technology Custody Risk
Technology custody risk is exposure to asset loss or unavailability caused by the technical systems and dependencies used for custody. A score…
Telegram Checkout
Telegram checkout is a payment flow opened or completed from a Telegram chat, channel, bot, mini application, or shared link. The customer…
Telegram Commerce Payment
A Telegram commerce payment is a payment for goods or services initiated through a Telegram chat, bot, mini app, channel, or linked…
Telegram Crypto Payment
A Telegram crypto payment is a digital-asset payment initiated, requested, or coordinated through Telegram. A bot, channel, merchant, or user can share…
Telegram Invoice
A Telegram invoice is a payment request created or delivered through Telegram for a customer, subscriber, donor, or channel member. It should…
Telegram Invoice Bot
A Telegram invoice bot is an automated Telegram account that creates, shares, checks, or manages payment invoices through chat commands and buttons.…
Telegram Payment
A Telegram payment is initiated through a Telegram bot, mini app, chat interaction, or payment link presented inside Telegram. The interface coordinates…
Telegram Wallet
A Telegram wallet is wallet functionality accessed through a Telegram bot, mini app, or integrated service for balances, transfers, payments, or account…
Temporary Account
A temporary account is an account created for a limited task, time period, or transaction workflow and intended to be closed, emptied,…
Terminal Payment State
Terminal Payment State is a payment lifecycle state from which no normal forward transition is expected, such as completed, failed, canceled, expired,…
Test Crypto Payment
A test crypto payment is a deliberately small or non-production payment used to verify an address, network, token contract, integration, callback, accounting…