lockbox Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “lockbox” in the English Dictionary

"lockbox" in Business English

See all translations

lockboxnoun [C]

uk   us   /ˈlɒkbɒks/ BANKING
a ​serviceprovided by ​banks in which a company's ​customerssendpayments directly to a ​bank so that the ​money can be ​paid immediately into the company's ​bankaccount: lockbox facility/service Checks are ​sent to a ​postofficebox in Pittsburgh, to be ​processed through the bank's lockbox ​facility.
a ​strong, locked ​container used for ​storingmoney and ​valuable possessions: He has a lockbox at the back of the ​office where he ​storescash 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

“lockbox” in Business English

Word of the Day


someone who is very influenced by the most recent ideas and fashions

Word of the Day

Chest pains and palpitations: talking about illness (2)
Chest pains and palpitations: talking about illness (2)
by Liz Walter,
February 03, 2016
My previous post (My leg hurts: Talking about illness (1)) presented some general vocabulary to use at the doctor’s. This one looks at some more specific areas of illness and explains some useful words and phrases that you may need to use or understand on a visit to the doctor’s. There are several

Read More 

awesomesauce noun
awesomesauce noun
February 01, 2016
slang the state of being extremely good or enjoyable or something or someone that is extremely good or enjoyable Recovering from the awesomesauce of another fab #Vidcon!!

Read More