
A programmable machine, usually having a robot arm which picks up components from an automatic feeder, moves to a specified location on a PWB, and places or inserts the component onto or into the correct location.
Found on
http://www.encyclo.co.uk/local/20870

Notionally Picking components from stock and Placing them in the appropriate position on a PCB. In practice machines that do this either select between multiple Bandoleers, or are fed the components in correct sequence from a single (or only a few) Bandoleers specially made for the job
Found on
http://www.vutrax.co.uk/glossary.htm
No exact match found.