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English definition of “slush fund”

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slush fund

noun [C]
 
 
FINANCE
money that is kept by a business or other organization for illegal purposes: The CEO treated this money as his own personal slush fund and used it to evade taxes. He was convicted of setting up a secret slush fund to bribe politicians.
informal money that is kept for unexpected costs: We have set up a small slush fund to cover any unexpected running costs.
Translations of “slush fund”
in Chinese (Traditional) (用於政治或商業目的的)行賄基金…
in Chinese (Simplified) (用于政治或商业目的的)非法基金…
(Definition of slush fund from the Cambridge Business English Dictionary © Cambridge University Press)
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