Magnetic tape definition

Magnetic tape means all magnetic media.
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Magnetic tape. A magnetic tape of information on the back of a plastic card or credit card. The tape is black, brown or silver, and the magnetic tape containing information about the cardholder's (Consumer/Buyer) account, such as credit card number, full name, expiry date and country code, is encrypted.
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Examples of Magnetic tape in a sentence

  • MT Magnetic tape means data delivered in the form of a magnetic tape.

  • Magnetic tape, cassettes, MICR encoded documents, or any other input material to be furnished by the Customer shall meet Fiserv's standard specifications and shall be in good and usable condition.

  • Upon expiration of the Inclearing Period, Seller shall cease honoring inclearing items presented against the Deposits and such items shall be returned marked “Refer to Maker.” Magnetic tape or other written media will utilize the most recent account number designated by Seller for each of the Deposit Accounts.

  • Tables for the previous day shall be backed up to Magnetic tape/ MO disks/other permanent storage media by the user at 10AM of every day.

  • Hourly data table for the previous month shall be backed up to Magnetic tape /MO/other permanent storage disk by the user on the 10th of every month.

  • Magnetic tape manufacturing is a high-technology operation that requires frequent changes to plant operations.

  • Magnetic tape containing CHIA Data should be maintained in a separate pool of tapes and must not be made available for reuse or released for destruction without first being subjected to electromagnetic erasing.

  • Tables for the previous day shall be backed up to Magnetic tape/ MO/other permanent storage disk by the user at 10AM of every day.

  • Upon expiration of the Inclearing Period, Seller will cease forwarding to Purchaser items presented against the Deposit Liabilities and such items will be returned marked “Refer to Maker.” Magnetic tape or other written media will utilize the most recent account number designated by Seller for each of the Deposit Accounts.

Related to Magnetic tape

  • Computer database or “database” means a collection of recorded information in a form capable of, and for the purpose of, being stored in, processed, and operated on by a computer. The term does not include computer software.