Imprest definition
(accounting) Designating a fund, as of petty cash, that is replenished in exactly the amount expended from it.
adjective
A loan or advance of money, as from government funds.
noun
An advance or a loan of funds, especially for services rendered to a government.
noun
The definition of an imprest is an advance of money paid by the government to someone doing work for the government, or a petty cash fund used by businesses to meet expenses.
An example of an imprest is when the government prepays someone building a school to buy some materials so that the school can be built.
An example of an imprest is a fund used by a business to pay for small expenses.
noun
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To advance on loan.
verb
Origin of imprest
-
From American Heritage Dictionary of the English Language, 5th Edition
- Prefix form of prest, perhaps after Italian imprestare, or perhaps from a misunderstand of the phrase in prest.
From Wiktionary