Petty cash
From WildWords
Contents
Part of Speech
Noun
Pronunciation
['pet ee] [kash]
Definition
Type of financial transaction processed by SOFO and the Cashier's Office to receive a reimbursement in cash, up to $30, for a purchase already made. Purchases over $30 qualify for a reimbursement check.
Example Sentences
I couldn't process the petty cash transaction since the cashier's office manager wasn't in today.
Context Label
Used predominantly by treasurers of student organizations, SOFO staff, and organization advisors.