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imprest

 

Definitions from the Web

Imprest

Definition:

Imprest is a term that can be used as a noun or a verb.

As a noun:

Sense 1: An imprest is an amount of money given in advance to someone for petty expenses.

Example Sentence 1: As the team's treasurer, he received an imprest of $500 to cover any unforeseen expenses during their trip.

Example Sentence 2: Every month, our office manager provides an imprest to each employee for office supplies.

Sense 2: (Finance) Imprest can also refer to a fund that is maintained to replenish petty cash.

Example Sentence 1: The imprest system ensures there is always a sufficient amount of money in the office's petty cash drawer.

Example Sentence 2: The imprest fund should be reconciled regularly to track any discrepancies.

As a verb:

Sense 1: To imprest means to provide someone with an amount of money in advance.

Example Sentence 1: The teacher will imprest each student with $10 to cover the cost of supplies for their group project.

Example Sentence 2: She agreed to imprest her friend with $50 until he could pay her back.

Related Products:

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