automatic teller machine (ATM) |
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Definition
A piece of secure electronic equipment that allows customers to make bank deposits and withdrawals without entering a bank. Automatic teller machines are convenient, being in more locations than banks because they are small and do not require staffing. Also called automatic till machine.
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automatic teller machine (ATM) is in the Banking, Commerce & Finance subject.
automatic teller machine (ATM) appears in the definitions of the following terms: automatic till machine, bank card, off premise banking, electronic funds transfer (EFT) and data encryption standard (DES)
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