COINBOX Meaning and
Definition
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A coinbox refers to a small box or container that is specifically designed and used to store or collect coins. These boxes typically comprise a durable material, such as metal or plastic, and feature a secure opening or slot for depositing coins. They are commonly seen in various public places or establishments where there is a need for collecting payments, such as payphones, vending machines, parking meters, or public transportation. The purpose of a coinbox is to provide a centralized and secure space for people to insert coins as payment for the services or products being offered.
Coinboxes often have a mechanism that allows the coins to be easily collected or accessed by authorized individuals only. This mechanism could involve a lock and key system, digital locks, or other security features to prevent unauthorized access or theft. They may also include a display or indicator that shows the amount of money accumulated inside, aiding in monitoring or maintenance tasks.
Furthermore, the term "coinbox" can also be used to refer to a service provided by phone companies. In this context, a coinbox is a device or apparatus attached to a public payphone that allows callers to make calls by inserting coins into the box. The coins deposited in the coinbox cover the cost of the call and are typically credited towards the user's account.
Etymology of COINBOX
The word "coinbox" is derived from the combination of two separate words: "coin" and "box".
The term "coin" originated from the Latin word "cuneus", meaning "a wedge", since the earliest coins were often shaped like wedges. Over time, it evolved into the Old French word "coigne", referring to a corner or angle. Eventually, it entered Middle English as "coin" and came to be associated specifically with metal money.
The word "box", on the other hand, originates from the Old English word "box", which means a container or receptacle. This word later developed into the Middle English word "boxe" and eventually became the modern English term "box".
When these two words are combined, "coinbox" refers to a receptacle or container specifically designed for collecting coins.
