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magnetic ink

British  

noun

  1. ink containing particles of a magnetic material used for printing characters for magnetic character recognition

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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Each bank will simply have its entries typed up in special magnetic ink.

From Time Magazine Archive

Coming out next year is a new unit that will print the dollar amount of each check in magnetic ink.

From Time Magazine Archive

The U.S. method, which uses machines that are built by General Electric, National Cash Register and Burroughs Corp. as well as by IBM, electronically "reads" the numbers formed by magnetic ink on the check.

From Time Magazine Archive