How Do You Spell CASHPOINT?

Pronunciation: [kˈaʃpɔ͡ɪnt] (IPA)

The spelling of "cashpoint" follows the conventional English spelling pattern. It is written as two separate words- "cash" and "point" - and is pronounced as /ˈkæʃpɔɪnt/ in IPA phonetic transcription. The word refers to a machine that dispenses cash, also known as an ATM or automated teller machine. Although the word "cashpoint" is commonly used in the UK, other countries use different terms such as "cash machine" or "ATM." Correct spelling is important in communication, especially in the digital age where written communication is dominant.

CASHPOINT Meaning and Definition

1. A cashpoint, also known as an automated teller machine (ATM), is an electronic device commonly used for financial transactions. It is primarily designed for providing individuals with convenient access to their bank accounts outside of a traditional bank branch setting. Cashpoints are typically found in public spaces, such as shopping centers, airports, and street corners.

   Operating on a network of computers, a cashpoint enables users to perform various transactions without the need for direct interaction with a bank teller. The primary function of a cashpoint is to dispense cash to account holders. Users can insert their bank card into the machine, enter a personal identification number (PIN), and withdraw money in the local currency.

   In addition to cash withdrawals, modern cashpoints offer a wide range of functions, including balance inquiries, printing mini statements, and transferring funds between accounts. Some advanced machines also allow users to deposit cash or checks, make bill payments, and purchase prepaid mobile phone top-ups.

   Cashpoints may be operated by banks, financial institutions, or independent companies providing ATM services. Their presence in the community offers individuals a convenient method of accessing their funds, especially outside regular banking hours. However, it is important to exercise caution and protect personal information while conducting transactions at cashpoints to ensure the security of one's financial assets.

Common Misspellings for CASHPOINT

• xashpoint
• vashpoint
• dashpoint
• czshpoint
• csshpoint
• cwshpoint
• cqshpoint
• caahpoint
• cazhpoint
• caxhpoint
• cadhpoint
• caehpoint
• cawhpoint
• casgpoint
• casbpoint
• casnpoint
• casjpoint
• casupoint
• casypoint
• cashooint

Etymology of CASHPOINT

The word "cashpoint" is a blend of two words: "cash" and "point". "Cash" refers to money in the form of coins or banknotes, while "point" signifies a location or place. The term "cashpoint" is primarily used in British English and is equivalent to the American English term "ATM" (Automated Teller Machine). The word "ATM" stands for "Automated Teller Machine", emphasizing the machine's ability to perform banking transactions without the need for human intervention.

Plural form of CASHPOINT is CASHPOINTS