Petty cash

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Revision as of 12:47, 29 May 2015 by Tiffanyw (talk | contribs)

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.

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