单词 | micr encoding |
释义 | MICR encoding in Finance (mɪkər ɪnkoʊdɪŋ) or magnetic ink character recognition encoding noun (Finance: Banking) The MICR encoding of a check is the magnetic ink pattern at the bottom that can be scanned and that contains information about the check. The MICR encoding is found in the lower right corner of the check, with the check amount. MICR encoding is printed on transaction items such as checks and deposit tickets and read by computersor optical scanners for rapid processing of the items. The MICR encoding of a check is the magnetic ink pattern at the bottom that can be scanned and thatcontains information about the check. |
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