| 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 prevent counterfeiting. |
[strahyp] 
,noun, verb, striped, strip⋅ing.| 1. | a relatively long, narrow band of a different color, appearance, weave, material, or nature from the rest of a surface or thing: the stripes of a zebra. |
| 2. | a fabric or material containing such a band or bands. |
| 3. | a strip of braid, tape, or the like. |
| 4. | stripes,
|
| 5. | a strip, or long, narrow piece of anything: a stripe of beach. |
| 6. | a streak or layer of a different nature within a substance. |
| 7. | style, variety, sort, or kind: a man of quite a different stripe. |
| 8. | Also called magnetic stripe. Movies. a strip of iron oxide layer on the edge of a film that is used for recording and reproducing a magnetic sound track. |
| 9. | to mark or furnish with a stripe or stripes. |
magnetic stripe 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)