Webster's English Dictionary

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prest

1. prest \'prest\ aj [ME, fr. OF, fr. L praestus - more at PRESTO] obs  : 
   READY 
2. prest n [ME, fr. MF, fr. OF, fr. prester to lend, fr. L praestare to be 
   sur]ety for, pay, provide, fr. praed-, praes bondsman (fr. prae- pre- + 
   vad-, vas security) + stare to stand - more at WED, STAND obs  1: a loan of 
   money  obs  2: an advance on wages or on the cost of an undertaking