IMPREST Definition & Meaning

View synonyms for

imprest

[ im-prest ]

Phonetic (Standard)IPA

noun

an advance of money; loan.

imprest

[ im-prest ]

Phonetic (Standard)IPA

verb

Archaic.

simple past tense and past participle of impress ¹.

imprest

[ im-prest ]

Phonetic (Standard)IPA

verb

Archaic.

simple past tense and past participle of impress ².

imprest

/ ɪ��ˈ��ɛ�� /

noun

a fund of cash from which a department or other unit pays incidental expenses, topped up periodically from central funds
an advance from government funds for the performance of some public business or service
(formerly) an advance payment of wages to a sailor or soldier

Discover More

�y��vlog History and Origins

Origin of imprest¹

First recorded in 1560–70; probably noun use of obsolete verb imprest “to advance money to,” from Italian imprestare, from Medieval Latin �� “to lend,” from Latin im- prefix + �� “to tender, offer, present”; influenced in sense by praes, stem praed- “guarantor, one acting as surety”; im- ¹, pre-; stand

Discover More

�y��vlog History and Origins

Origin of imprest¹

C16: probably from Italian imprestare to lend, from Latin in- towards + �� to pay, from ��ō at hand; see presto

Discover More

Example Sentences

Examples have not been reviewed.

Since 2009, $95.123 million was paid through “imprest” accounting at COD whereby the college administrators knew the payment details, but the board of trustees did not.

From

The College of DuPage has over 95 million questions to answer– click here to review the first 508 pages of hidden “imprest” payments.

From

The satellite phone payments were not vetted by the college board of trustees, but instead flowed through a hidden “imprest” payment scheme.

From

Imprest accounting is akin to petty cash accounting according to the U.S.

From

Designated ‘petty cash’ funds were hardly used, only $4,267 in payments over five years, while ‘imprest funds’ handled over 82,000 transactions.

From

Related �y��vlogs

Browse