Petty Cash definition

Petty Cash means a relatively small amount of cash kept at hand for making immediate payment for miscellaneous small expenses incurred the municipality.

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Petty Cash means a sum of money set aside on an imprest basis for the purpose of making change or paying small obligations.

Petty Cash means an accessible store of money kept by the Municipality for expenditure on low dollar value items.

Examples of Petty Cash in a sentence

The Petty Cash Fund shall be used for miscellaneous small expenditures o▇ ▇▇▇ Enterprise, and shall be maintained at the Facility.
Such Petty Cash purchased by Buye▇ ▇▇▇ll remain in the registers for sales that occur while the inventory is being taken and thereafter.
The Borro▇▇▇ ▇ill not permit the cash balances in all Petty Cash Accounts to exceed $▇▇,000.00 in the aggregate at any time, unless a Depository Bank Agreement shall be delivered with respect to either Petty Cash Account.
On ▇▇ ▇▇fore thirty (30) days following the Closing Date, Newco One shall pay to the Sellers, on behalf of Holdco, as additional Purchase Price, an amount, in cash, equal to the excess, if any, of the sum of the Inventory Cost, plus the Petty Cash, plus the Security Deposits minus the Acc▇▇▇▇ Personal Absence Pay, minus the Accrued Vacation Pay and plus Prorated Expenses.
The Petty Cash Fund shall be used for miscellaneous small expenditures of ▇▇▇ Gaming Enterprise, and shall be maintained at the Gaming Facility.

More Definitions of Petty Cash

Petty Cash. , means the procurement of goods and services through the supply chain management requisition and order system by means of one verbal and written quotation below a determined amount in relation with the Petty Cash Policy;

Petty Cash means a small amount of cash kept by the Municipality for expenses.

Petty Cash means a sum of money, either in the form of currency or a special bank deposit, set aside for the purpose of making change or immediate payments of comparatively small amounts for which it is subsequently reimbursed from the cash of a fund;

Petty Cash means a small amount of cash kept on hand for incidental purposes of low value goods and services (i.e. postage, office suppliers, reimbursement out of pocket expenditures), which if accommodated under normal procurement processes, it will cost the municipality more in administrative actions than the actual cost of goods/services required. Petty cash may not be used for payroll payments,

Petty Cash. , means a small amount for incidental purchases of low value goods and services”.

Petty Cash means a relatively small amount of cash kept at hand for making immediate payments for miscellaneous small expenses.

Petty Cash means cash amounts of one hundred dollars ($100) or less per day that are not drawn on the Clean Money Debit Card and used to pay expenses of no more than twenty-five dollars ($25) each.