Petty Cash

calender iconUpdated on May 11, 2023
accounting
corporate finance and accounting

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Sure, here is the meaning of the phrase “petty cash”:

petty cash is a small amount of money that is used for small, everyday expenses, such as groceries, transportation, or entertainment. It is often kept in a small amount of change.

Here is an example sentence:

I need to get some petty cash for this weekend to cover parking and food.

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