LOCKBOX
lockbox. 1. A secure box, such as a post-office box, strongbox, or safe-deposit box. 2. A facility offered by a financial institution for quickly collecting and consolidating checks and other funds from a party’s customers.
[Blacks Law 8th]
lockbox. 1. A secure box, such as a post-office box, strongbox, or safe-deposit box. 2. A facility offered by a financial institution for quickly collecting and consolidating checks and other funds from a party’s customers.
[Blacks Law 8th]