Meaning & use

petty cash

noun·Academicbusiness

Last updated

UK/ˌpeti ˈkæʃ/
US/ˌpeti ˈkæʃ/

Meaning

  1. noununcountablebusiness

    A small amount of money kept in an office for minor everyday expenses, such as stamps, snacks or taxi fares.

    Grammar: No plural and no 'a': we paid for it out of petty cash.

    Patterns

    • pay for something out of petty cash
    • take money from petty cash

    She paid for the coffee filters out of petty cash.

    The office manager keeps the petty cash in a locked drawer.

    Every withdrawal from petty cash needs a receipt.

Common combinations

petty cash box
The petty cash box was empty by Friday.
petty cash fund
The company keeps a petty cash fund of two hundred dollars.
out of petty cash
Postage is paid out of petty cash.
petty cash voucher
Fill in a petty cash voucher before taking money.
petty cash account
The accountant balanced the petty cash account at month end.

Synonyms and how they differ

pocket money
Refers to money given to a child or kept for personal spending, not money belonging to a business.
float
British word for a small sum of change kept ready, often at a till; petty cash is for small expenses.
small change
Means coins or a trivial amount, while petty cash is an organized fund with records.

Word family

petty adjective
small and unimportant
cash noun
physical money
cashier noun
a person who handles payments
cash flow noun
money moving in and out of a business

Commonly confused: petty cash or petty theft?

petty cash vs petty theft

Petty theft is the stealing of low-value items; it is a crime term and unrelated to the money fund.

Practice

The receptionist bought stamps for the office ___.

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