- magnetic strip
- /mægˌnetɪk 'strɪp/, magnetic stripe /mægˌnetɪk 'straɪp/ nouna black strip on credit cards and cashpoint cards, on which personal information about the account is recorded
Dictionary of banking and finance. 2015.
magnetic strip
Look at other dictionaries:
magnetic strip — UK US noun [C] (also magnetic stripe) ► a magnetic area on the back of a plastic card that contains information in electronic form, especially information about who the owner of the card is, their bank account, etc.: »Your personal details are… … Financial and business terms
magnetic strip — a strip of magnetic material on which information may be stored, as by an electromagnetic process, for automatic reading, decoding, or recognition by a device that detects magnetic variations on the strip: a credit card with a magnetic strip to… … Useful english dictionary
magnetic strip — a strip of magnetic material on which information may be stored, as by an electromagnetic process, for automatic reading, decoding, or recognition by a device that detects magnetic variations on the strip: a credit card with a magnetic strip to… … Universalium
magnetic card — UK US noun [C] IT ► a plastic card with a magnetic strip on the back containing information that can be read by a machine, especially information about who the owner of the card is, their bank account, etc.: »Employees use a magnetic card to… … Financial and business terms
strip — Variant of a straddle. A strip is two puts and one call on a stock. A strap is two calls and one put on a stock. The puts and calls have the same strike price and expiration date. See: Strap. Bloomberg Financial Dictionary In the United Kingdom,… … Financial and business terms
strip — {{Roman}}I.{{/Roman}} noun 1 long, narrow piece ADJECTIVE ▪ long ▪ narrow, thin, tiny ▪ thick, wide ▪ Cut the meat into th … Collocations dictionary
magnetic stripe — noun a short strip of magnetic tape attached to a credit card or debit card; it contains data that will tell a reading device who you are and what your account number is, etc. • Hypernyms: ↑magnetic tape, ↑mag tape, ↑tape • Part Holonyms: ↑credit … Useful english dictionary
magnetic — [[t]mægne̱tɪk[/t]] 1) ADJ GRADED: usu ADJ n If something metal is magnetic, it acts like a magnet. ...magnetic particles. 2) ADJ You use magnetic to describe something that is caused by or relates to the force of magnetism. The electrically… … English dictionary
magnetic stripe — 1. See magnetic strip. 2. Motion Pictures. stripe1 (def. 8). [1950 55] * * * … Universalium
magnetic card — card with a magnetic strip of information on the back (i.e. identification card, credit card, etc.) … English contemporary dictionary
