Definition of imprest in English:

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imprest

Pronunciation: /ˈimprest/

noun

1A fund used by a business for small items of expenditure and restored to a fixed amount periodically.
Example sentences
  • This statement outlines procedures for establishing and maintaining a departmental imprest checking account.
  • These guidelines apply to expenditures of cash imprest, cash advance or your own cash to be reimbursed.
  • The report should show that the amount of imprest cash authorized and the total cash on hand equal zero.
1.1A sum of money advanced to a person for a particular purpose.

Origin

Mid 16th century: from the earlier phrase in prest 'as a loan', influenced by Italian or medieval Latin imprestare 'lend'.

For editors and proofreaders

Syllabification: im·prest

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