mag-stripe
n.— «In theory, overseas merchants are required to accept US cards (which are called “mag-stripe,” for the magnetic stripe that identifies each card).» —“HomeATM’s “PIN my Card” Solves Chip and PIN Problems” by John B. Frank HomeATM PIN Debit Blog Sept. 8, 2008. (source: Double-Tongued Dictionary)
Further reading
When you had sleepovers as a child, what did you call the makeshift beds you made on the floor? In some places, you call those bedclothes and blankets a pallet. This word comes from an old term for “straw.” And: What’s the story...
Are there words and phrases that you misunderstood for an embarrassingly long time? Maybe you thought that money laundering literally meant washing drug-laced dollar bills, or that AM radio stations only broadcast in the morning? • A moving new...