The most authoritative answer in 2024
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Gabriel Wright——Works at Adobe, Lives in San Jose, CA
Tv actually stands for
Time Value (or S for Shutter), and that's an easy way to remember what it's doing because the shutter on your camera is what physically controls the time of an exposure. The sound your camera makes (if it makes a mechanical sound when you shoot) is the sound of the shutter opening and closing.
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