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TeachMeFinance.com - explain imprest fund imprest fund 'imprest fund' is an military term. It means '(DOD) A cash fund of a fixed amount established through an advance of funds, without appropriation change, to an authorized imprest fund cashier to effect immediate cash payments of relatively small amounts for authorized purchases of supplies and nonpersonal services'. Previous 5 Terms: impact action fuze - impact area impact pressure implementation_ implied task _ Next 5 Terms: imprest funds - imprint improvised early resupply improvised explosive device_ improvised mine _ Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.