This is a bit of a tough one to answer because wood veneer is real wood. It is just not solid (much thicker) wood. The only difference between wood and wood veneer is that the latter is a very thin “slice” of wood applied to a backer - that's it
Teak veneer' is a term used to describe a thin covering of teak wood that is used to accentuate the appearance of another material. The veneer provides the look and feel of genuine teak at a more cheap price and is frequently used to cover lower-quality or less expensive materials.