Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “lockbox”

lockbox

noun [C]
 
 
/ˈlɒkbɒks/ BANKING
a service provided by banks in which a company's customers send payments directly to a bank so that the money can be paid immediately into the company's bank account: lockbox facility/service Checks are sent to a post office box in Pittsburgh, to be processed through the bank's lockbox facility.
a strong, locked container used for storing money and valuable possessions: He has a lockbox at the back of the office where he stores cash and other valuables.
(Definition of lockbox from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of lockbox?
Add Cambridge dictionaries to your browser to your website

Word of the Day

shadow

an area of darkness, caused by light being blocked by something

Word of the Day

Highly delighted, bitterly disappointed, ridiculously cheap: adverbs for emphasis.

by Liz Walter,
October 22, 2014
We often make adjectives stronger by putting an adverb in front of them. The most common ones are very and, for a stronger meaning, extremely: He was very pleased. The ship is extremely large. However, we don’t use very or extremely for adjectives that already have a strong meaning, for example fantastic,

Read More 

life tracking noun

October 20, 2014
the use of one or more devices or apps to monitor health, exercise, how time is spent, etc.

Read More