SLUSHFUND

Slush fund

A slush fund, colloquially, is an auxiliary monetary account or a reserve fund. However, in the context of corrupt dealings, such as those by governments or large corporations, a slush fund can have particular connotations of illegality, illegitimacy, or secrecy in regard to the use of this money and the means by which the funds were acquired.

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slush fund

Noun

  1. Money stored for illegal or dishonest purposes.
    He is said to have used his party’s slush fund to buy votes in the election.


The above text is a snippet from Wiktionary: slush fund
and as such is available under the Creative Commons Attribution/Share-Alike License.

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