ATM machine


Also found in: Dictionary, Thesaurus, Medical, Legal, Financial.

ATM machine

(Automatic Teller Machine machine) A banking terminal that accepts deposits and dispenses cash. ATMs are activated by inserting a cash or credit card that contains the user's account number and PIN on a magnetic stripe. The ATM calls up the bank's computers to verify the balance, dispenses the cash and then transmits a completed transaction notice. The word "machine" in the term "ATM machine" is certainly redundant, but widely used.


The Money Machine
Rubber rollers move one bill at a time from the currency box (each holds about 2,000 bills) to the dispenser area. A sensor determines if two or more bills are stuck together or if the wrong denomination was pulled and causes them to be inserted into the reject box.
References in periodicals archive ?
Bijbehara (Jammu and Kashmir) [India], Dec 29 ( ANI ): A State Bank of India (SBI) ATM machine was stolen by unidentified persons from Bijbehara town of south Kashmir on Thursday night.
The video showed two suspects, reportedly a Pakistani and a Chinese, fitting the device on the ATM machine during bank hours.
The defendant, a Civil Defence employee, told prosecutors during questioning that he stole another vehicle's number plate and placed it on his car before heading to the location of the ATM machine.
The gang, which consisted of four Emiratis and one Asian, stole money from a money exchange, a metal safe from a construction company, one ATM machine and attempted to steal another and a money deposit machine that belonged to a telecommunication company.
Manama- Jan19 (BNA) Two people accused of blowing up ATM machines in Sanad and Sitra last February have been sentenced each to fifteen years in prison.
The police Operations Room received information around 11pm on Sunday about the theft of money that took place near an ATM machine in Muhaisnah area.
The Boracay Tourist Assistance Center, the island's police office, issued the warning following the discovery last week of skimming devices on two ATM machines at the D' Mall commercial complex on the 1,032-hectare island.
The ATM machine which the post office is applying for is desperately needed for the village as a whole, particularly the elderly people.
Four masked men pulled the ATM machine from the wall using adigger before loading it on the back of a low-loader.
Both devices were exactly the same colour as the ATM machine.
9 lakh from an ATM machine of a nationalised bank in Greater Noida on Wednesday.