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Slush fund Definition & Meaning - Merriam-Webster
1. : a fund raised from the sale of refuse to obtain small luxuries or pleasures for a warship's crew. 2. : a fund for bribing public officials or carrying on corruptive propaganda. 3. : an unregulated fund often used for illicit purposes. Examples of slush fund in a Sentence. a secret slush fund for paying bribes.
Slush fund - Wikipedia
A slush fund is a fund or account used for miscellaneous income and expenses, particularly when these are corrupt or illegal. [1] Such funds may be kept hidden and maintained separately from money that is used for legitimate purposes. Slush funds may be employed by government or corporate officials in efforts to pay influential people ...
What Is A Slush Fund? What Is a Slush Fund For? | SoFi
In modern business accounting, a slush fund is an account on a general ledger that doesn’t have a designated purpose and so is treated as a reserve of funds. In its most negative meaning in the business world, a slush fund is kept off a company’s books for nefarious purposes.
Slush Fund - Meaning, Explained, Origin, Examples - WallStreetMojo
A slush fund is an account where money is kept for unspecified or unaccounted purposes, usually outside official records. Its main function is to conceal the purposes of expenditure and deposit funds from the public and government officials, whether a company or a politician is utilizing it.
What is a Slush Fund? Here’s How to Build One.
Last Updated 04/01/24. Takeaways. Slush funds help cover unforeseen expenses and provide financial flexibility. Slush funds should cover at least three to six months of living expenses. Slush funds are best stored in a separate savings account from your emergency fund.
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