NOUN | artifact | magnetic stripe | a short strip of magnetic tape attached to a credit card or debit card |
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Meaning | 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.. | |
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Part of | credit card, charge card, charge plate, plastic | A card (usually plastic) that assures a seller that the person using it has a satisfactory credit rating and that the issuer will see to it that the seller receives payment for the merchandise delivered |
debit card | A card (usually plastic) that enables the holder to withdraw money or to have the cost of purchases charged directly to the holder's bank account | |
Broader | magnetic tape, mag tape, tape | memory device consisting of a long thin plastic strip coated with iron oxide |
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