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prest money

noun, British Obsolete.
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 press money, prest.
Origin of prest money
late Middle English
late Middle English word dating back to 1400-50 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2017.
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