imprest

Definitions


[ˈɪmprɛst], (Noun)

Definitions:
- a fund used by a business for small items of expenditure and restored to a fixed amount periodically
(e.g: this petty cash is kept on the imprest system)


Phrases:

Origin:
mid 16th century: from the earlier phrase in prest ‘as a loan’, influenced by Italian or medieval Latin imprestare ‘lend’




definition by Oxford Dictionaries