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Office & Administration vocabulary · Expenses, Approvals & Procedures

Imprest

Meaning in office & administration, with examples

nounAdvanced term

In office & administration, imprest means: A cash-control system in which a fund is replenished by the amount properly spent to restore an agreed fixed balance.

In Turkish: sabit tutarlı avans sistemi

How it is used

Used for controlled cash funds; under an imprest system, documented spending determines the amount needed to restore the float.

Example sentences

  1. Under our imprest system, the cash fund returns to two thousand lira after each approved replenishment.

    Replenishment restores the agreed fund level rather than adding arbitrary cash.

  2. The imprest reconciliation compares the remaining cash and supported expenses with the authorised float.

    Cash plus properly documented spending should explain the fixed fund total.

Common collocations

  • imprest system
  • imprest fund
  • imprest reconciliation
  • petty cashA small amount of cash kept in the office to pay for small everyday costs, such as postage, milk or a taxi, without going through the normal payment process.
  • receiptA piece of paper or email that proves you have paid for something, showing what you bought, the amount and the date.

More terms: Expenses, Approvals & Procedures

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