ATM Definition

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ATM see AUTOMATED/AUTOMATIC TELLER MACHINE.

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SYNDICATE is a group of investment bankers or banks that acts jointly, on a temporary basis, to, in the case of investment bankers, sell securities or to underwrite a new issue of bonds (syndicated capital), or, for the bank syndicate to loan money in a bank credit (syndicated credit).

EXECUTE is to carry out an internal control procedure, such as to sign and mail a check after inspecting supporting documents.

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