Imprest definition

ĭm-prĕst
(accounting) Designating a fund, as of petty cash, that is replenished in exactly the amount expended from it.
adjective
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A loan or advance of money, as from government funds.
noun
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An advance of funds, especially to a government service or employee. [from 16th c.]
noun
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An advance or a loan of funds, especially for services rendered to a government.
noun
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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
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Origin of imprest

  • From obsolete Italian impresto loan from past participle of imprestare to lend in- toward (from Latin in–2) prestare to lend (from Latin praestāre to give) (from praestō at hand ghes- in Indo-European roots)

    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