single-buyer money

noun
UK /ˌsɪŋɡl ˈbaɪə ˈmʌni/
US /ˌsɪŋɡəl ˈbaɪər ˈmʌni/

Money that only one person is allowed to spend.

The club used single-buyer money so only the treasurer could pay for snacks.


OTHER MEANINGS

2. A payment system where a single designated person controls all purchases.

The school fair ran on single-buyer money, with one teacher buying all supplies.

3. Currency or credit usable by only one named account holder.

Her gift card was single-buyer money and could not be shared with friends.

4. A rule in a group that lets just one member make buying decisions.

With single-buyer money, the team captain ordered the new jerseys.