“…From the technological applications point of view, this phenomenon plays an important role to pin the magnetization of the specific FM layer which is widely being employed in magnetic read heads and magnetic recording elements in magnetoresistive devices [5]. The magnetic properties of ultrathin magnetic films and multilayered structures, e.g., magnetic anisotropies and exchange coupling often depend strongly on the film microstructure, quality of the interfaces [7,8] as well as also on the interfacial interactions between the layers and the substrate. In addition, chemical composition, crystallinity, grain sizes and their distribution govern the magnetic behavior.…”