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MICR in Governmental & Military Meaning

The MICR meaning in Governmental & Military terms is "Magnetic Ink Character Recognition". There are 2 related meanings of the MICR Governmental & Military abbreviation.

MICR on Governmental & Military Full Forms

  1. Magnetic Ink Character Recognition MICR (magnetic ink character recognition) is a technology used to verify the legitimacy or originality of paper documents, especially checks. Special ink, which is sensitive to magnetic fields, is used in the printing of certain characters on the original documents. Information can be encoded in the magnetic characters. The use of MICR can enhance security and minimize the losses caused by some types of crime. If a document has been forged - for example, a counterfeit check produced using a color photocopying machine, the magnetic-ink line will either not respond to magnetic fields, or will produce an incorrect code when scanned using a device designed to recover the information in the magnetic characters. Even a legitimate check can be rejected if the MICR reader indicates that the owner of the account has a history of writing bad checks.
  2. Microscopic Visible at magnifications above 25x. Minute object or structures which are invisible or not clearly distinguished without the use of a microscope. Seeing the situation at the particle level: atoms, molecules, or ions.

Frequently Asked Questions (FAQ)

  1. What does MICR stand for Governmental & Military?

    MICR stands for Magnetic Ink Character Recognition in Governmental & Military terms.

  2. What is the shortened form of Magnetic Ink Character Recognition in Governmental & Military?

    The short form of "Magnetic Ink Character Recognition" is MICR for Governmental & Military.

Citation

MICR in Governmental & Military. Acronym24.com. (2021, March 18). Retrieved May 14, 2024 from https://acronym24.com/micr-meaning-in-governmental-military/

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