noun
- A sum of money advanced or lent, especially by a government or employer to an employee for expenses to be accounted for later.
Usage: Often used in business and government contexts.; Plural form of imprest.
verb
- To advance or lend money to someone, typically for business or official purposes.
Usage: Third-person singular present tense of imprest.; Less common than the noun form.
Examples
- The company provides imprests to traveling employees to cover hotel and meal expenses.
- She received an imprest of $500 for the conference trip.
- The government imprests funds to departments at the beginning of the fiscal year.
- Employees must submit receipts to account for their imprests within 30 days.
- The manager imprests a small amount to each team member for office supplies.
- Imprests are commonly used in organizations to streamline expense management.