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Possible Answers:
ATM.
Last seen on: Daily Boston Globe Crossword Friday, March 31, 2023
Random information on the term “Cash dispenser”:
An advising bank (also known as a notifying bank) advises a beneficiary (exporter) that a letter of credit (L/C) opened by an issuing bank for an applicant (importer) is available. An advising bank’s responsibility is to authenticate the letter of credit issued by the issuer to avoid fraud. The advising bank is not necessarily responsible for the payment of the credit which it advises the beneficiary of. The advising bank is usually located in the beneficiary’s country. It can be (1) a branch office of the issuing bank or a correspondent bank, or (2) a bank appointed by the beneficiary. An important point is the beneficiary has to be comfortable with the advising bank.
In case (1), the issuing bank most often sends the L/C through its branch office or correspondent bank to avoid fraud. The branch office or the correspondent bank maintains specimen signature(s) on file where it may counter-check the signature(s) on the L/C, and it has a coding system (a secret test key) to distinguish a genuine L/C from a fraudulent one (authentication).
Random information on the term “ATM”:
The standard atmosphere (symbol: atm) is a unit of pressure defined as 101325 Pa. It is sometimes used as a reference pressure or standard pressure. It is approximately equal to Earth’s average atmospheric pressure at sea level.
The standard atmosphere was originally defined as the pressure exerted by 760 mm of mercury at 0 °C (32 °F) and standard gravity (gn = 9.80665 m/s2). It was used as a reference condition for physical and chemical properties, and was implicit in the definition of the Celsius temperature scale, which defined 100 °C (212 °F) as the boiling point of water at this pressure. In 1954, the 10th General Conference on Weights and Measures (CGPM) adopted standard atmosphere for general use and affirmed its definition of being precisely equal to 1013250 dynes per square centimetre (101325 Pa). This defined both temperature and pressure independent of the properties of particular substance. In addition, the CGPM noted that there had been some misapprehension that it “led some physicists to believe that this definition of the standard atmosphere was valid only for accurate work in thermometry.”