imprest


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Related to imprest: imprest fund

Imprest

Accounting slang; a small amount of money appropriated for a particular purpose. The imprest is periodically replenished. See also: Petty cash.

imprest

a system used to control the expenditure of petty cash. An opening balance of petty cash (called the imprest) is made available to cover the petty cash expenses for the next accounting period. At the end of the period, whatever cash has been spent is replenished to restore the petty cash balance. This system tends to limit any losses, for example, via fraud, because the maximum that can be misappropriated in any one period is the imprest or opening balance.
References in periodicals archive ?
The Imprest Account is a revolving petty cash fund kept by most schools for emergency or unbudgeted expenses.
Deposits can be made directly into an interest-bearing account with transfers made periodically to an imprest account to cover disbursements, or funds may be transferred from a noninterest account into one that pays interest, a process sometimes called a "sweep.
1993 on responsibility allowance rate may be allocated to the imprest administrators and falling revenue public bodies and amount of the bond imposed to these agents, as amended by the Decree of 03.
All the research library managers should cling on to this good premise and prevail on their chief executives to enforce the policy for disbursement of funds to research libraries because roles that libraries are being asked to play require more than the monthly imprest.
And Ube Machinery will present the latest results obtained with its new Imprest in-mold painting technology.
Updates and consolidates text on the use of imprest funds and third-party drafts; deletes unnecessary cross-references; and relocates to PGI, guidance on the use of unilateral contract modifications and procedures for use of forms for purchases made using simplified acquisition procedures.
The company has developed an in-mold coating technology called Imprest to produce a high-gloss finish on molded parts by injecting paint into the mold.
24) Her responses are "[u]nthought-of" (17), her attention and sense of reality undeveloped; the last lines describe her "chasing wantonly / The many-coloured images imprest / Upon the bosom of a placid lake" (19-21).
The USDC, a magnetic stripe bankcard, is designed to replace checks, vouchers, imprest funds and cash for government agency use.
v) Familiarize IREDA with the ADB project implementation procedures and terminologies, particularly those pertaining to financial intermediation loans, such as statement of expenditures, free limits, and imprest accounts, and the preparations of withdrawal application, liquidation, replenishment, and/or
Will have video presentations of its Imprest in-mold painting technology for injection molding.
Yet so deep imprest Sink the sweet scenes of Childhood, that mine eyes I never shut amid the sunny blaze, But strait with all their tints thy waters rise, Thy crossing plank, thy margin's willowy maze, And bedded sand that vein'd with various dies Gleam'd thro' thy bright transparence to the gaze.