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automatic teller machine

   Also found in: Dictionary/thesaurus, Financial, Acronyms, Wikipedia, Hutchinson 0.04 sec.

automatic teller machine

See ATM.


automatic teller machine [¦ȯd·ə¦mad·ik ′tel·ər mə‚shēn]
(computer science)
A banking terminal that is activated by inserting a magnetic card containing the user's account number, and that accepts deposits, dispenses cash, provides information about current balances, and may perform other services such as making payments and transfers and providing account statements. Abbreviated ATM.


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75 fee to use an automatic teller machine on the base.
The system will be implemented in the county late next year for issuing food stamps and tentatively also for cash benefits via electronic debit cards that are similar to automatic teller machine cards, replacing the coupons and paper checks now being issued.
Local Queens, NY bank Carver Federal Savings is, once again, assisting the students with direct deposit checking accounts and automatic teller machine cards for those who fill out an application and open an account.
 
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