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

  • Bis
    Bis is a French term for second, which describes the second version an ITU standard. ...
  • Loan sales
    Loan sales is a form of investment banking in which the banker trades on his or her superior ...
  • Capital Gain and Loss
    Capital Gain and Loss is the difference between the price that is originally paid for ...
  • MAC address
    The address on any NIC that the MAC layer handles, is called MAC address. ...
  • Factor income
    A component of the current account is factor income, which represents income received ...