safe-deposit box

n.
A fireproof metal box, usually in a bank vault, for the safe storage of valuables.

Storage facility maintained in the vault area of a bank that is rented to customers for Safekeeping of personal valuables. Access to a safe deposit box is controlled through dual keys, one kept by the customer and one by the bank, and signature cards. Date of entry is recorded on a signature card. If the safe deposit box is rented by a corporation, a separate corporate resolution must be obtained before access is granted. Safe deposit box contracts usually contain a disclaimer limiting the bank's liability to the bank's failure to provide adequate protection facilities. A bank ordinarily is not responsible for loss of personal valuables, and has no knowledge of the contents of a safe deposit box. See also Dual Control; Signature Card.

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The noun has one meaning:

Meaning #1: a fireproof metal strongbox (usually in a bank) for storing valuables
  Synonyms: safe-deposit, safety-deposit, safety deposit box, deposit box, lockbox

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