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Slush fund

noun

Definitions

Noun
  1. 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."

  2. 2
    a fund for buying votes or bribing public officials wordnet
  3. 3
    Money that has not been hypothecated or dedicated to a particular purpose, or which is used for a different purpose than originally intended.

    "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."

Etymology

Originally in reference to money for miscellaneous uses that sailors made by selling slush (“a soft mixture of grease and other ingredients”).

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