ATM

UK: ˌeɪ.tiːˈem | US: ˌeɪ.tiːˈem

Definition

  1. n. abbreviation for "automated teller machine" (a computerized device for banking transactions).

  2. n. informal term for cash withdrawal or deposit services.

Structure
automated <turned into a machine>teller <bank clerk>machine <mechanical device>
Etymology

The term "ATM" originated in the 1960s as an abbreviation of "automated teller machine," combining "automated" (from Greek automatos, "self-acting"), "teller" (an Old English-derived term for a bank clerk), and "machine" (from Latin machina). The acronym reflects the device's function: a self-service replacement for human bank tellers.

Examples

  1. I withdrew cash from the ATM near the train station.

  2. The ATM charged a fee for out-of-network transactions.

  3. She forgot her PIN and couldn’t use the ATM.

  4. Modern ATMs allow deposits and bill payments.

  5. The bank installed a new ATM with touchscreen technology.