'ATM' is the abbreviation for 'Any Time Money' ?
The general
perception that 'ATM' is the abbreviation for 'Any Time Money' is not correct.
The term 'ATM' is the abbreviation for 'Automated Teller
Machine'. In American and Indian English, it is also referred as 'Automatic
Teller Machine'. Interestingly, in Canadian English, it is 'Automated Banking
Machine' or 'ABM'.
The teller, as appears in the term 'Automated Teller
Machine', refers to the employee of banks who
assists the customers to fulfill their banking needs, for example, withdrawal of
money, opening a account, depositing a check etc. In case of ATM, the automated
teller replaces the 'human teller' and hence we call it an automated teller
machine.
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I like the way you explain the things, thanks for sharing this info!
ReplyDeleteactually english is spoken throughout the world because it is one of the most important languages and alot of countries make thier students learn it
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These days it has been generalized to mean 'Automatic Transaction Machine' -- so that it can apply to coin- or card-operated machines that serve other things. Many countries use it for postage stamps, train tickets, movie tickets, lottery tickets, sometimes even gold.
ReplyDeleteIt's been important for the students to understand about the possible values and concerns which must have been understood by the individual if they really wanted to get success.
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