Meaning of the word atm in English

What does atm mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

atm

US /ˌeɪ.tiːˈem/
UK /ˌeɪ.tiːˈem/
"atm" picture

Noun

1.

a machine that dispenses cash and performs other banking services when an account holder inserts a plastic card and enters a personal identification number (PIN).

Example:
I need to withdraw some cash from the ATM.
The nearest ATM is around the corner.

Abbreviation

1.

Asynchronous Transfer Mode: a telecommunications concept defined by ANSI and ITU standards for multiplexing and routing digital data.

Example:
The network uses ATM technology for high-speed data transfer.
ATM is a switching technique that organizes digital data into 53-byte cells.
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