Automated teller – Definition & Meaning

An automated teller is a machine that allows bank customers to perform various transactions without the need for a bank teller. These machines are commonly known as ATMs and are found in most banks and other financial institutions. The use of automated tellers has become increasingly popular over the years, as they provide a convenient and efficient way for customers to access their accounts.

Definitions

An automated teller is a machine that allows bank customers to perform transactions such as deposits, withdrawals, and transfers without the need for a bank teller. It is also known as an ATM, cash machine, or cashpoint.

Origin

The first automated teller was introduced in the United States in 1969 by the company Docutel. It was not until the 1980s that automated tellers became more widespread and were adopted by banks around the world.

Meaning in different dictionaries

According to the Oxford Dictionary, an automated teller is “a machine that allows bank customers to withdraw cash and carry out other transactions without the need for a human cashier.”
The Merriam-Webster Dictionary defines an automated teller as “a computerized electronic machine that performs basic banking functions (such as handling check deposits or issuing cash withdrawals) without the need for a human teller.”

Associations

Automated tellers are commonly associated with banks and other financial institutions. They are also associated with convenience, as they allow customers to perform transactions at any time of the day or night.

Synonyms

Synonyms for automated teller include ATM, cash machine, cashpoint, and bank machine.

Antonyms

There are no specific antonyms for automated teller, as it is a machine and not a concept that can be opposed.

The same root words

The root words of automated teller are “automated” and “teller.” Automated means “operated by machines or computers rather than humans,” while teller refers to a person who works in a bank and handles financial transactions.

Example Sentences

1. I need to withdraw some cash from the automated teller before I go shopping.
2. The automated teller made it easy for me to deposit my paycheck without having to wait in line.
3. The bank installed a new automated teller to better serve its customers.
4. I forgot my debit card, so I had to use the automated teller to withdraw money from my account.
5. The automated teller was out of order, so I had to go inside the bank to make my transaction.