lockbox


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lockbox

(ˈlɒkˌbɒks)
n
a system of collecting funds offered to companies by banksa metal box with a lock for storing valuables

lock•box

(ˈlɒkˌbɒks)

n.
1. a strongbox.
2. a rented post-office box equipped with a lock.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.lockbox - a fireproof metal strongbox (usually in a bank) for storing valuableslockbox - a fireproof metal strongbox (usually in a bank) for storing valuables
deedbox, strongbox - a strongly made box for holding money or valuables; can be locked
References in periodicals archive ?
In addition to Classic Lockbox, Comerica offers three other types of lockbox services:
More Than 50,000 Agents Set to Begin Using the Company's REALTOR[R] Lockbox and SentriCard[R] During the Next 90 Days
April 14 /PRNewswire-FirstCall/ -- Cole Taylor Bank now offers the latest in lockbox image services to its customers through a new in-house system that digitizes check and invoice images received in customer lockboxes.
Company is Rated Highest in Four of Five Categories Including Lockbox Product, Service, System and Overall Satisfaction
Many of Citizens Bank's competitors are only willing to process "lockbox" work in excess of 50,000 items per month in their retail lockbox areas, said Greg Weddell, manager of product management for the bank.
announced the launch of a newly-enhanced Homeowners Association lockbox service that now includes Las Vegas, Nevada as a collection city for HOA assessment payments.
While many other organizations are scaling back, eliminating services or exiting this business altogether, Mellon continues to make substantial investments in lockbox services.
Designed After Receiving Extensive Input From Agents Nationwide, REALTOR([R]) Lockbox NXT is First Internet-Enabled, Wireless Lockbox Solution
Wholetail" lockbox streamlines accounts receivable posting and reduces payment exceptions
com) a leading provider of electronic lockbox solutions for the real estate industry, today announced that the Regional Lockbox Consortium will convert its entire lockbox system to the SentriLock REALTOR([R]) Lockbox solution.
Combines wholesale and retail paper payments in a single lockbox solution -
Corporations are increasingly analyzing their internal and outsourced accounts receivable, deposit, and cash application processes, discovering inefficiencies and unnecessary costs related to their traditional lockbox relationship.