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imprest Definition

im·prest (im′prest′)

noun

a loan or advance of money, as from government funds

Etymology: It impresto, a loan < (dare) in prestito, (to give) in loan < in, in + prestito, a loan < prestare, to lend < L praestare, to become surety for, lit., to stand before < prae-, before + stare, to stand

adjective

Accounting designating a fund, as of petty cash, that is replenished in exactly the amount expended from it

imprest Usage Examples

Modifies a noun

  • account: That even applies to the imprest accounts through which the money is paid.
  • request: The imprest request and the petty cash reimbursement forms must be approved by an authorized signatory and then taken to the Income Office.

Noun used with modifier

  • cash: School floats can only be replenished by the completion of a petty cash imprest request and a petty cash reimbursement form.