slush fund

slush fund
/'slʌʃ fʌnd/ noun
money kept to one side to give to people to persuade them to do what you want
The government was brought down by the scandal over the slush funds.
The party was accused of keeping a slush fund to pay foreign businessmen.

Dictionary of banking and finance. 2015.

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  • 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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