Definition of imprest funds

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imprest funds

'imprest funds' is an military term meaning '(DOD) Funds issued by Army and Air Force Exchange Service (AAFES) to a military organization to purchase beginning inventory for the operation of an AAFES imprest fund activity. See also Army and Air Force Exchange Service imprest fund activity'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".

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