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acronym a type of abbreviation used as a word and pronounced as a word. An acronym is formed by combining the initial letters (or initial parts) of a string of words. The pronunciation of an acronym is based on the typical rules of pronouncing words in a language and is not made up of the sounds of the names of individual letters. The abbreviations "AIDS," "FICA," and "PIN" are acronyms, but the abbreviations "FBI," ATM," and "DVD" are not.
bank card an official card, esp. a credit card or ATM card, issued by a bank to a customer and used in transactions.
debit card a card issued by the holder's bank used to pay for purchases or withdraw money by an immediate electronic debiting of funds on deposit in the holder's bank account, and often also allowing transactions at an ATM machine.