imprest fund

imprest fund definition - business

imprest fund

A designed level of funds that are used to cover relatively small expenses for supplies and other operating necessities. Also called petty cash fund.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.