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Courier is a monospace font that resembles the output from a typewriter. The design of the original Courier New font was commissioned in the 1950s by IBM for use in typewriters, but they did not protect their rights to the typeface and it was soon a standard font used throughout the typewriter industry. As a monospaced font, it has recently found renewed use in the electronic world in situations where columns of characters must be consistently aligned. It has also become an industry standard for all screenplays to be written in 12 point Courier or a close variant.
12 point Courier New was also the US Department of State's standard typeface until January 2004, when it was replaced with 14 point Times New Roman.
The following paragraph is in Courier if it is installed on your machine.