slush fund


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Related to slush fund: surreptitiously, hedge fund

slush fund

n.
1. A fund raised for undesignated purposes, especially:
a. A fund raised by a group for corrupt practices, such as bribery or graft.
b. A fund used by a group, as for entertainment.
2. Money formerly raised by the sale of garbage from a warship to buy small items of luxury for the crew.

slush fund

n
1. (Government, Politics & Diplomacy) a fund for financing political or commercial corruption
2. (Nautical Terms) nautical US a fund accumulated from the sale of slush from the galley

slush′ fund`


n.
1. a sum of money used for illicit political purposes, as for buying influence.
2. a fund for a ship's crew, formerly raised from the sale of galley waste, for the purchase of small luxuries.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.slush fund - a fund for buying votes or bribing public officials
fund, monetary fund - a reserve of money set aside for some purpose
Translations

slush fund

nSchmiergelder pl, → Schmiergeldfonds m

slush fund

nfondi mpl neri
References in periodicals archive ?
The slush fund revelations call into question the common assumption that European football functionaries and associations are exempt from the sort of crass corruption we in the West often associate with developing countries.
Judge John Potter said some of the sums obtained from the BANK between 2003 and 2008 were diverted through a 'slush fund' which was used to pay for holidays for the former Halifax couple.
The revelations of this week, when it emerged union officials and HSE staff used a secret EUR2.3million slush fund to jet around the world, are the final insult to the Irish taxpayer.
THE EU wants to set up a slush fund, so that in future when the banks get into trouble instead of the taxpayer bailing them out it will be the slush fund.
The Serious Fraud Office probe focused on allegations of a "slush fund" used by the company to pay Saudi dignitaries to win contracts.
The investigation had looked at claims that BAE had established a slush fund for some Saudi royal family members, dating back to the 1980s.
And it's not just the fact that Kofi and the East River Mafia sold the oil-for-food program as a humanitarian effort to provide food and medicine to orphans and starving children--and then knowingly allowed it to be used instead as a huge slush fund for Saddam and the politicians, UN officials, and corporate elitists who fed at his trough.
One report said MoD police investigating bribery claims had seized 386 boxes of 'slush fund' accounts.
"The heart and soul of covert operations" Wisner learned from his savvy legal counsel, Lawrence Houston, is "provision of unvouchered funds, and the inviolability of such funds from outside inspection." Thus was the notion of a slush fund expressed in bureaucratic parlance.
But then I started to wonder how someone who had not yet taken office, much less served long enough to slip some pork into the state budget, could get his hands on "discretionary funds." After some digging, reporters for the Locke Foundation's Carolina Journal discovered that the money had come from a secret $21 million slush fund, known to only a few legislative leaders.
Shane Jones is getting desperate as he runs out of places to put his $3 billion slush fund.
Fianna Fail TD Marc MacSharry suggested keeping spending secret creates the perception that there could be a "slush fund" in the Aras.