ATM Financial Glossary

What is it? Automatic Teller Machine.

Finance Term Definition Added By: Natalie

The ATM definition has been viewed 4070 Time(s)!

Send To Friends!

If you'd like to send the ATM definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of ATM. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Finance Terms:

Financial Term Private mortgage insurance is Default insurance on conventional loans provided by private insurance companies. See mortgage insurance.

Financial Term Statute of Limitations is A federal law that determines the time frame that a debt is collectable. Once a statute expires, the debt is legally unenforceable. However, it can still remain on your credit reports until the governing period of time, usually 7 years. Most statute of limitations to collect a debt is between 4-7 years.

Financial Term LongTerm Bonds is Generally, bonds with maturities in excess of ten years. They usually pay investors higher yields than shorter-term bonds, but they tend to be more sensitive to interest-rate changes (see Bond).

Financial Term HP is Hire purchase - a type of credit whereby you hire the item you are buying for a fixed period, during which time you pay for the item in monthly instalments, plus interest.

Financial Term Mobile home is A housing unit manufactured in a factory and designed to be transported to a site. This category can include large homes that are not truly mobile but are constructed in the same manner as mobile homes, as opposed to conventional on-site construction.