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Imprest Account definition

Imprest Account means an account into which a fixed amount of money is placed for the purpose of making change, known as a “change fund”.
Imprest Account means an account established under section 9; "prescribed public authority" means—
Imprest Account means the deposit account established by Owner in accordance with Section 6.3 hereof.

Examples of Imprest Account in a sentence

  • All disbursements from the Imprest account shall be supported by adequate vouchers and records which shall be available for inspection at any time.

  • The local authority currently supports two options of bank account arrangements for use by schools; an independent external bank account or an Imprest account which the authority has arranged with its own banker.

  • Imprest account holders who leave the Council's employment or cease to be entitled to hold an account for other reasons, shall account to the governing body for the funds advanced to them.

  • ADB’s Loan Disbursement Handbook describes which supporting documents should be submitted to ADB and which should be retained by the government for liquidation and replenishment of an Imprest account.

  • Purchases and reimbursements are managed through each school’s Imprest account, for which the balances are agreed with the LA.


More Definitions of Imprest Account

Imprest Account means an imprest account established under section 28;
Imprest Account means bank current account used for receival of funding sources provided by Partner;
Imprest Account means an account into which a fixed amount of money is placed for the purpose of making change, known as a “change fund” or making minor disbursements, known as a “petty cash fund.”
Imprest Account means an account established under section 9;
Imprest Account means an imprest account, as more specifically referred to in paragraph 5 of Schedule 3 hereto;
Imprest Account means the interest bearing bank account established by the Company pursuant to the terms of this Agreement whereby the Parties shall deposit funds to be held in trust and transferred to the Checking Account.