Petty cash

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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.

Related Terms

External Links

SOFO Webpage