Transaction Exchange Currency

Views Updated: Dec 15, 2025

Key Facts

Abbreviation
TEC
Pronunciation
/trænˈzækʃən ɪksˈʧeɪnʤ ˈkərənsi/
Category
Regional
Related Field
Currencies

Examples in Context

  1. Whenever any international transaction takes place, there is eventually an exchange of one currency for another.
  2. Official reserve transaction balance is intended to measure the net exchange market pressure on a country's currency.
  3. Derivative financial instruments is one transaction method or the medium of exchange, is financial tool which in the traditional financial product like currency, the stock, the bond and so on as the basic financial tool foundation comes.
  4. Avoiding the dollar allows them to cut transaction costs and minimise foreign exchange risks – a huge benefit in a world at risk of a global currency war.

Other meanings of TEC

To Encounter Christ Community
Together Encountering Christ Community
Technology Education Courses Community
Total Employment Cost Business
Technology, Education, and Commerce Business
Threshold Exceeded Condition Academic
Thermally Expanded Core Academic
Technology Education For Christ Community
Technology, Education, and Capital Business
Technical Excellence and Creativity Academic