AUTOMATED COMMERCIAL ENVIRONMENT (ACE)

The Customs agency system used to process imports and exports. It is faster and decreases time lost moving goods. It also increases security.

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AUTOMATED MANIFEST SYSTEM (AMS)

A computer system the Customs agency use to check invoices on imports. The carriers, port, freight stations, and service personel can use this.

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AUTOMATIC INVESTMENT PLAN

An agreement that allows withdrawals periodically from an account to invest in a mutual fund.

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AUTOMATED PURCHASE SYSTEM

A system when a firm is connected to its vendors. Goods can be bought directly as well as services. Both authentication and leverage are automatically given.

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AUTOMATED TELLER MACHINE (ATM)

A machine that a bank customer can use to access their account after hours with their card and pin. No teller is needed for this.

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