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mag-stripe

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...

walk on a bank

walk on a bank  n.— «More likely than the kind of exodus of depositors that quickly sank IndyMac is what some bankers call a slow-motion “walk on the bank” which could cripple financial institutions already weakened by credit...