What Does Commodore Personal Electronic Transactor (Commodore PET) Mean?

The Commodore Personal Electronic Transactor (PET) is a line of personal computers manufactured by Commodore between 1977 and 1982. The PET was part of the second generation of personal computers introduced alongside the Apple II and the TRS-80 that were marketed toward consumers. The computer was based around the MOS Technology 6502 processor.

Techopedia Explains Commodore Personal Electronic Transactor (Commodore PET)

The Commodore PET was Commodore’s first personal computer and one of the first to be marketed to consumers rather than electronics hobbyists, the way the MITS Altair 8800 was. The PET used the MOS Technology 6502 8-bit CPU. Commodore owned MOS Technology and was able to keep costs down using vertical integration.