magnetic stripe

noun
1.
magnetic strip.
2.
Movies. stripe1 (def 8).
Origin
1950-55
British Dictionary definitions for magnetic stripe

magnetic stripe

noun
1.
(across the back of various types of cheque card, credit card, etc) a dark stripe of magnetic material consisting of several tracks onto which information may be coded and which may be read or written to electronically
magnetic stripe in Technology

storage
A black stripe, printed on the back of a credit card or similar, that stores a machine-readable copy of the information on the card. The stripe contains iron particles about 500 nanometers long that can be magnetised like magnetic tape. The data can be read by swiping the card through a card reader.
(2007-06-04)