WordReference Random House Unabridged Dictionary of American English © 2020
prest mon′ey, [Brit. Obs.]
  1. 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:
Advertisements
Advertisements

Report an inappropriate ad.