Usually means: Advance payment for securing services.
Definitions Related words Mentions
We found 8 dictionaries that define the word prest money:

General (8 matching dictionaries)
  1. prest money: Merriam-Webster
  2. prest-money, prest money: Wordnik
  3. prest money: Wiktionary
  4. prest money: Infoplease Dictionary
  5. Prest money, prest money: Dictionary.com
  6. prest-money: Webster's 1828 Dictionary
  7. prest money: FreeDictionary.org
  8. Prest money: TheFreeDictionary.com

Definitions from Wiktionary (prest money)

noun:  (historical) Money paid to men when they enlisted into the British service.

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