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prest money

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prest money

 
Use prest money in a Sentence
–noun British Obsolete.
a sum of money advanced to men enlisting in the navy or the army, given to bind the bargain and as an inducement.
Also called press money, prest.

Origin:
1400–50; late ME
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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