petty cash


A small amount of cash kept on hand by a business for incidental expenses.

Use petty cash in a sentence

The petty cash was insignificant in case of a robbery or burglary, the manager was risk averse so he kept little money accessible.

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Emergencies can happen all the time, and our company always makes sure to keep a certain amount of petty cash on hand to allow us to respond to unforeseen expense.

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Nancy was the office manager of a well known oil company. She took care of the financial duties such as payroll, accounts payable and job costing. The owner of the company told her to take out twenty five dollars from the petty cash fund. Nancy was the only employee who had access to petty cash. Nancy's birthday was that day and the owner treated her to a nice lunch.

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petty cash book total cash