Asynchronous Transfer Mode (ATM)

Asynchronous Transfer Mode (ATM) is a WAN technology that uses fiber-optic media to support up to 622-Mbps transmissions rates. ATM uses no error checking and has a 53 byte fixed-length cell.

ATM definition in Banking & Finance:

ATM - Automated teller machines through which a bank customer can access his or her deposit account, make loan payments, or obtain information and other services.

Share it:  Cite

More from this Section

  • Jumper block
    Jumper block is a collection of two or more sets of jumper pins or a special connector ...
  • Anticipated exposures
    Anticipated exposures— transactions for which there are— at present— no contracts ...
  • Liability without fault
    Liability without fault is a principle on which worker’s compensation is based, holding ...
  • Forward Contract
    The forward market facilitates the trading of forward contracts on currencies. A forward ...
  • Permanent virtual circuit (PVC)
    Permanent virtual circuit (PVC) is a permanent path defined even when not in use. ...