Coin Slot [Meaning] - MasterTerms.com

Coin Slot

A coin slot is a mechanism found in various machines that accepts coins as a form of payment.

The coin slot typically consists of a narrow opening where users can insert coins, which then pass through a chute into the machine’s internal compartment. This mechanism often includes a sensor to detect the size and weight of the coins, ensuring that only valid currency is accepted. Once a coin is successfully inserted, the machine may unlock or activate its services, such as starting a game in a slot machine or dispensing a product in a vending machine.

Coin Slot Example

For example, when a player inserts a quarter into a coin slot on a slot machine, the machine verifies the coin and allows the player to make a wager, starting the game sequence.