ATM - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “ATM”

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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/machineATM 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 from the Cambridge Business English Dictionary © Cambridge University Press)
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