petty cash

petty cash
a small amount of cash kept by a company, used for low-cost immediate expenditure

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  • Petty cash — Petty Pet ty, a. [Compar. {Pettier}; superl. {Pettiest}.] [OE. petit, F. petit; probably of Celtic origin, and akin to E. piece. Cf. {Petit}.] Little; trifling; inconsiderable; also, inferior; subordinate; as, a petty fault; a petty prince.… …   The Collaborative International Dictionary of English

  • petty cash — n. a cash fund for small incidental expenses …   English World dictionary

  • petty cash — n [U] a small amount of money that is kept in an office for making small payments …   Dictionary of contemporary English

  • petty cash — noun uncount a small amount of money in coins or bills that a business or organization keeps available to pay for small things …   Usage of the words and phrases in modern English

  • petty cash — ► NOUN ▪ an accessible store of money for expenditure on small items …   English terms dictionary

  • Petty cash — Businesses often need small amounts of discretionary funds in the form of cash known as petty cash for expenditures where it is not practical to make the disbursement by check. The most common way of accounting expenditures is to use the imprest… …   Wikipedia

  • petty cash — a small amount of money kept for minor purchases for the business, which do not warrant writing a cheque. Glossary of Business Terms * * * petty cash petty cash ➔ cash1 * * * petty cash UK US noun [U] ► MONEY, WORKPLACE a small amount of money… …   Financial and business terms

  • petty cash — The amount of cash that an organization keeps in notes or coins on its premises to pay small items of expense. This is to be distinguished from cash, which normally refers to amounts held at banks. Petty cash transactions are normally recorded in …   Accounting dictionary

  • petty cash — The amount of cash that an organization keeps in notes or coins on its premises to pay small items of expense. This is to be distinguished from cash, which normally refers to amounts held at banks. Petty cash transactions are normally recorded in …   Big dictionary of business and management

  • petty cash — noun a small fund of cash that a firm keeps for the payment of incidental expenses • Hypernyms: ↑fund, ↑monetary fund * * * noun [noncount] : a small amount of money that is kept in an office in order to pay for small items * * * ˌpetty ˈcash… …   Useful english dictionary

  • petty cash — Small amounts of *cash (definition 1) kept for minor, day to day expenses. Although not *material, *internal controls over petty cash tend to be strong in most organizations. Typical controls include (i) a secure storage location, (ii) the *… …   Auditor's dictionary

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