1A fund used by a business for small items of expenditure and restored to a fixed amount periodically.
- 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.
Mid 16th century: from the earlier phrase in prest 'as a loan', influenced by Italian or medieval Latin imprestare 'lend'.
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