prest money: Meaning and Definition of

prest' mon"ey

Pronunciation: [key]
— Brit. Obs. Brit. Obs.
  1. a sum of money advanced to men enlisting in the navy or the army, given to bind the bargain and as an inducement. Also called
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.