1 definition by nick2ny

Top Definition
A personal car or motorcycle that is much cheaper to run than the rate at which mileage is reimbursed for work use. (the current government rate is $0.50/mi, other places do $0.40/mi, etc.).
Nick: I work for the Census and ride my 1980 Honda Cub. I get reimbursed fifty cents a mile but it costs six or seven cents a mile to run.

Hamal: That's like a rolling ATM machine!
by nick2ny May 17, 2010

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