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English definition of “ATM”


noun     /ˌeɪtiːˈem/
[C] BANKING abbreviation for automated / automatic teller machine : a machine , usually outside a bank , which customers can use to get money out or manage their account by using a plastic card together with a PIN (= a secret number ): an ATM card / machine ATM charges/transactions/withdrawals Most banks now offer free ATM transactions . → See also cash dispenser, cash machine, Cashpoint™
[U] IT abbreviation for Asynchronous Transfer Mode : a way of sending data from one computer to another
(Definition of ATM noun from the Cambridge Business English Dictionary © Cambridge University Press)
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