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prest money

noun, British Obsolete
1.
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
late Middle English
1400-1450
1400-50; late Middle English
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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