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lockbox

Syllabification: lock·box
Pronunciation: /ˈläkbäks
 
/

Definition of lockbox in English:

noun

North American
1A box that locks, usually for storing money or valuables.
Example sentences
  • When someone came over to sell him drugs, Felix was to record the transaction, show the person out, and, without leaving the camera's view, put the drugs he'd bought into a lockbox and lock it with a padlock.
  • During that flight, the gun was placed in a lockbox and stored in the plane's cargo section.
  • If you plant that money in your bosom or plant it in a lockbox, it will not grow.
2A service provided by a bank, whereby the bank receives, processes, and deposits all of a company’s receivables.
3Any of various computerized devices or services intended to prevent the unauthorized distribution or copying of digitally stored or transmitted data.
Example sentences
  • The content in the lockbox can be synced to any number of computers, which helps law firms and other such organizations keep their documents accessible, updated, and, most importantly, secure.

Definition of lockbox in:

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