What does TOLL TRANSPONDER. stand for?

What does TOLL TRANSPONDER. mean? We have 2 definitions. Read most used TOLL TRANSPONDER. meanings below.

UNIVERSAL TOLL TRANSPONDER. — A toll transponder that is compatible with or that can interface with a variety of different toll systems.
TOLL TRANSPONDER. — An electronic device that, when mounted on a cars windshield, allows for the electronic collection of highway tolls.

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