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petty cash

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petty cash

–noun
a cash fund for paying small charges, as for minor office supplies or deliveries.

Origin:
1825–35
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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petty cash  
n.  A small fund of money for incidental expenses, as in an office.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Financial Dictionary

Petty Cash

The small amount of cash and coins that an organization uses for minor purchases and providing change to customers.

Investopedia Commentary

Petty cash is typically used by merchandising companies or small stores that are required to make change for customer purchases.

Related Links

What Is Money?

See also: Cash, Denomination

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