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Magnetic Ink Character Recognition definition
<business, printer> (MICR) A character recognition system
using special ink and characters which can be magnetised and
read automatically.
MICR is used almost exclusively in the banking industry where
it is used to print details on cheques to enable automatic
processing.
(1995-04-13)
Nearby terms:
Magma2 « MagmaLISP « magnetic disk « Magnetic Ink Character Recognition » magnetic stripe » magnetic tape » magnetic tape drive
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