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Definition of

imprest system


petty cash system involving written receipts in the United Kingdom, a system of controlling a petty cash fund, in which cash is paid out against a written receipt, and the receipt is used to get more cash to bring the fund up to the original level

Definitions of ’imprest system’ and meaning of ’imprest system’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’imprest system’ and other financial terms with our online QFINANCE Financial Dictionary.

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