Meaning of “magnetic strip” in the English Dictionary

business-english dictionary

"magnetic strip" in British English

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magnetic stripnoun [ C ]

/mæɡˌnet.ɪk ˈstrɪp/ us /mæɡˌnet̬.ɪk ˈstrɪp/

a plastic strip on which information can be recorded, for example on the back of a credit card:

(Definition of “magnetic strip” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"magnetic strip" in American English

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magnetic stripnoun [ C/U ]

us /mæɡˈnet̬·ɪk ˈstrɪp/ also magnetic tape

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)

"magnetic strip" in Business English

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magnetic stripnoun [ C ]

uk us 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 stored in the card's magnetic strip.
The data held on the magnetic strip is scanned when you swipe the card.

(Definition of “magnetic strip” from the Cambridge Business English Dictionary © Cambridge University Press)