SLUSH FUND Meaning and
Definition
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A slush fund refers to a hidden or secret pool of money separate from official accounts, typically maintained for illicit or undisclosed purposes. This term is often associated with corruption or illegal activities, where funds are used inappropriately, misrepresented, or kept covertly to serve personal interests or objectives. Slush funds are generally kept off the record to avoid detection or scrutiny from regulatory authorities, auditors, or the public.
Typically, slush funds are created by diverting funds from legitimate sources or siphoning off excess money from official budgets, contracts, donations, or other financial streams. These funds are intentionally concealed and may involve complex financial arrangements, such as offshore accounts or shell companies, to ensure anonymity and avoid tracing.
The money in a slush fund is typically used for various purposes, including bribing officials, funding illegal activities, sponsoring illicit political campaigns, or facilitating under-the-table transactions. Sometimes, slush funds are also utilized for legitimate purposes, such as supporting corporate or political activities that may not be appropriate to finance through regular channels.
The term "slush fund" is derived from the concept of slush, which refers to partially melted or semi-frozen snow. Just as slush is an intermediary state between solid ice and liquid water, a slush fund exists in an intermediate financial realm, separate from the official and transparent financial operations of an organization or entity.
Common Misspellings for SLUSH FUND
- alush fund
- zlush fund
- xlush fund
- dlush fund
- elush fund
- wlush fund
- skush fund
- spush fund
- soush fund
- slysh fund
- slhsh fund
- sljsh fund
- slish fund
- sl8sh fund
- sl7sh fund
- sluah fund
- sluzh fund
- sluxh fund
- sludh fund
Etymology of SLUSH FUND
The term "slush fund" originates from the nautical world, specifically from the late 18th-century British navy. In sailing ships, "slush" referred to the excess fat or grease that was a byproduct of cooking meat or fish. This slush would often accumulate as residue in the bottom of the pans.
Sailors started to collect this slush and store it in a separate barrel, known as the "slush fund". The purpose of the slush fund was to use the collected fat as a supplement to the sailors' usual rations. It could be used to add flavor or texture to their meals, making their diet more enjoyable.
Over time, the term "slush fund" began to be used metaphorically to denote a stash of money or resources set aside for undisclosed or illicit purposes.
Idioms with the word SLUSH FUND
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slush fund
A slush fund is a sum of money used for illicit or corrupt purposes, especially one used to finance political campaigns or bribes.
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