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Lockbox
(redirected from lockboxes)

    Also found in: Dictionary/thesaurus 0.04 sec.
Lockbox
A collection and processing service provided to firms by banks, which collect payments from a dedicated postal box to which the firm directs its customers to send payment to. The banks make several collections per day, process the payments immediately, and deposit the funds into the firm's bank account.
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For example, a supplier of realtor lockboxes, SentriLock LLC, Cincinnati, knew it wanted to use diecasting as its manufacturing method, but before high volume production could start, the company needed a quick prototype to show at an upcoming conference and expo.
Direct metal laser-sintering makes a speedy delivery by Modern Casting
He claims that a common misapprehension about lockboxes is that they are simply pieces of equipment.
Realm: smart collection means money in the bank by Stoker-Ring, Aaron / Real Estate Weekly
We install the lockboxes in the residents, rooms where they won't be readily visible (space permitting).
A new attack on nursing home crime by Ullery, Judy / Nursing Homes
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