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English definition of “magnetic strip”

magnetic strip

noun [C/U]  /mæɡˈnet̬·ɪk ˈstrɪp/ ( also magnetic tape) us  
a plastic strip on which information can be recorded, for example on the back of a credit card : [C] The state started issuing driver's licenses with magnetic strips on the back that contain data. [U] The data recorded on magnetic tape was analyzed with the aid of a computer program.
(Definition of magnetic strip from the Cambridge Academic Content Dictionary © Cambridge University Press)
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