slush fund

A fund that is used by an individual, political organization, or company for illegal purposes. For example, a company may have a slush fund for bribing potential customers.

Accounting dictionary. 2014.

Look at other dictionaries:

  • Slush fund — is a colloquial term which has come to mean an auxiliary monetary account or a reserve fund. However, the term has special meaning within a context of corrupt (including but not limited to) political dealings by governments, large corporations or …   Wikipedia

  • slush fund — ➔ fund1 * * * slush fund UK US noun [C] FINANCE ► money that is kept by a business or other organization for illegal purposes: »The CEO treated this money as his own personal slush fund and used it to evade taxes. »He was convicted of setting up… …   Financial and business terms

  • slush fund — slush funds N COUNT A slush fund is a sum of money collected to pay for an illegal activity, especially in politics or business. He s accused of misusing $17.5 million from a secret government slush fund …   English dictionary

  • slush fund — ► NOUN ▪ a reserve of money used for illicit purposes, especially political bribery. ORIGIN originally nautical slang denoting money collected to buy luxuries, from the sale of watery food known as slush …   English terms dictionary

  • slush fund — slush′ fund n. 1) bus a sum of money used for illicit political purposes, as for buying influence 2) navig. a fund for a ship s crew, formerly raised from the sale of galley waste, for the purchase of small luxuries …   From formal English to slang

  • slush fund — ☆ slush fund n. 1. Historical a fund established aboard ship from the sale of refuse fat, etc. and used to buy small luxuries 2. money used for bribery, political pressure, or other corrupt purposes …   English World dictionary

  • slush fund — index hush money Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • slush fund — n an amount of money kept for dishonest purposes, especially in politics …   Dictionary of contemporary English

  • slush fund — slush ,fund noun count an amount of money that an organization, business, or political party uses for illegal purposes a. an amount of money kept by a business for things it needs to buy unexpectedly …   Usage of the words and phrases in modern English

  • slush fund — UK / US noun [countable] Word forms slush fund : singular slush fund plural slush funds a) an amount of money that an organization, business, or political party uses for illegal purposes b) an amount of money kept by a business for things that it …   English dictionary

  • slush fund —    A slush fund is an account or fund in politics or business where money is set aside for various unofficial purposes, often unethical or even illegal.     A large commission taken from the slush fund ensured the success of the negotiations …   English Idioms & idiomatic expressions

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