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MICR

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magnetic ink character recognition: a technique for reading and processing data printed with ink that contains magnetic particles: used especially in sorting bank checks automatically.
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British Dictionary definitions for MICR

MICR

abbreviation for
magnetic ink 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
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