ATM
|A-T-M|
/ˌeɪtiːˈɛm/
banking machine
Etymology
'ATM' originates from the English phrase 'Automated Teller Machine', where 'automated' means 'operated automatically', 'teller' refers to a bank clerk, and 'machine' indicates a mechanical device.
'ATM' was coined in the late 20th century as banking technology advanced to allow for automated transactions.
Initially, it referred specifically to machines for cash withdrawal, but now includes a range of banking services.
Meanings by Part of Speech
Noun 1
an electronic banking outlet that allows customers to complete basic transactions without the aid of a branch representative or teller.
I withdrew $100 from the ATM.
Synonyms
Noun 2
acronym for 'Asynchronous Transfer Mode', a telecommunications technology.
The network uses ATM for data transmission.
Last updated: 2025/01/11 11:35