Definition

imprests

noun
  1. A sum of money advanced or lent, especially by a government or employer to an employee for expenses to be accounted for later.
  2. Usage: Often used in business and government contexts.; Plural form of imprest.
verb
  1. To advance or lend money to someone, typically for business or official purposes.
  2. 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.

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