Automated Teller Machine
ATM (automated teller machine) is a machine built into the wall of a bank or other building, which allows people to take out money from their bank account by using a special card. (Collins English Dictionary).
ATMs are convenient, allowing consumers to perform quick self-service transactions such as deposits, cash withdrawals, bill payments, and transfers between accounts. To use an ATM, you typically insert your bank cards and follow the prompts to withdraw cash, which is dispensed through a slot. ATMs require you to use a plastic card — either a bank debit card or a credit card — to complete a transaction. Your identity is authenticated by a PIN before any transaction can be made.
Collins English Dictionary. HarperCollins Publishers, Retrieved from: https://www.collinsdictionary.com/dictionary/english/atm
Merriam-Webster. (n.d.). Automatic teller machine. In Merriam-Webster.com dictionary. Retrieved January 23, 2024, from https://www.merriam-webster.com/dictionary/automatic%20teller%20machine
Investopedia. Dotdash Meredith Publishers, Retrieved from: https://www.investopedia.com/terms/a/atm.asp