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    Definition of terminal

    Dictionary of Accounting Terms: terminal
    terminal

    input-output device allowing a user to communicate directly with a computer. A terminal must have a keyboard so that the user can type in instructions and input data and a means of displaying output, such as a crt screen or a typewriter. This type is called a dumb terminal. When a terminal includes a microprocessor, or when it is actually a microcomputer, it can perform certain operations independent of the control processing unit .This type is known as an intelligent or a smart terminal

    Dictionary of Banking Terms: terminal
    terminal

    1. spoint of entry in a data communications network. Electronic funds transfer terminal devices are Automated Teller Machines, teller terminals, retail point-of-sale terminals personal computers in home banking, and touch-tone telephones in automatic telephone bill payment. Sometimes referred to as an electronic window in corporate cash management. See also platform automation; treasury workstation
    2. authorization device that approves transactions charged to bank credit cards, deposit accounts, retail private label accounts, or travel and entertainment cards. Most of these are inexpensive devices that automatically dial a central computer to obtain authorization, hence the name dial-up terminal. See also authorization code.

    Dictionary of Business Terms: terminal
    terminal

    device that allows a user to communicate directly with a computer. A terminal must have a keyboard so that the user can type in instructions and input data, and a means of displaying output, such as a monitor or a printer. When a terminal cannot be used by itself as a computer, it is called a dumb terminal.

    Dictionary of Computer and Internet Terms: terminal
    terminal

    an input-output device consisting of a screen and keyboard for communicating with a computer.

    The earliest terminals were teletype machines. Today, personal computers are sometimes used as terminals on larger computers.

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