👉 In the context of financial terms, a "paybox" refers to a type of bank account that is used for the payment of bills and other expenses. These accounts are typically provided by banks or credit unions, which are owned by individuals who have agreed to lend money to the bank in exchange for an interest rate on their deposits. The term "paybox" can also refer to a financial institution's ability to pay its debts, particularly when faced with financial difficulties such as bankruptcy or insolvency.
