Meaning of slush fund | Babel Free

Definitions

1. Money stored for illegal or dishonest purposes.
2. Money that has not been hypothecated or dedicated to a particular purpose, or which is used for a different purpose than originally intended.

Equivalents

Examples

“He is said to have⟳ used his party’s slush fund to buy⟳ votes in the election.”

“7: CERN bestows slush fund on the LHC. Take⟳ all pennies from the CERN space.”

“To do this, [the Lord Mayor] has at his disposal a multibillion-pound slush fund for use⟳ in lobbying the UK government and governments around the world to bring⟳ in laws that are friendly to banks and multinational companies.”

“A slush fund is a sum of money that is set⟳ aside as a reserve⟳. In accounting, a slush fund is a general ledger account of commingled funds that does not have⟳ a designated purpose. In more sinister cases, a slush fund may be used as a "black fund," which is unaccounted for and kept off the books.”

CEFR level