WordReference Random House Unabridged Dictionary of American English © 2020
prest′ mon′ey, [Brit. Obs.]
- British Terms, Militarya sum of money advanced to men enlisting in the navy or the army, given to bind the bargain and as an inducement. Also called press money, prest.
- late Middle English 1400–50
'prest money' also found in these entries: