Definitions for slush fund
slush fund

Princeton's WordNetRate this definition:0.0 / 0 votes

1. slush fundnoun

   a fund for buying votes or bribing public officials

WiktionaryRate this definition:0.0 / 0 votes

1. slush fundnoun

   Money stored for illegal or dishonest purposes.

WikipediaRate this definition:0.0 / 0 votes

1. Slush fund

   A slush fund is a fund or account used for miscellaneous income and expenses, particularly when these are corrupt or illegal. Such funds may be kept hidden and maintained separately from money that is used for legitimate purposes. Slush funds may be employed by government or corporate officials in efforts to pay influential people discreetly in return for preferential treatment, advance information (such as non-public information in financial transactions), and other services. The funds themselves may not be kept secret but the source of the funds or how they were acquired or for what purposes they are used may be hidden. Use of slush funds to influence government activities may be viewed as subversive of the democratic process. A slush fund can also be a reserve account used to reduce fluctuations in an organization's earnings by withholding them when they are high and supplementing them when they are low. This type of slush fund is not inherently corrupt, but is nonetheless a form of earnings management that tends to mislead the public about the organization's financial condition.

ChatGPTRate this definition:0.0 / 0 votes

1. slush fund

   A slush fund is a reserve of money used for illicit or corrupt purposes, especially in political financing or business practices. It is usually maintained secretly and can be used for things such as bribery, manipulative practices, or personal expenditure.

WikidataRate this definition:0.0 / 0 votes

1. Slush fund

   A slush fund, colloquially, is an auxiliary monetary account or a reserve fund. However, in the context of corrupt dealings, such as those by governments or large corporations, a slush fund can have particular connotations of illegality, illegitimacy, or secrecy in regard to the use of this money and the means by which the funds were acquired. Political dealings with slush funds tend to create suspicions of quid pro quo, and can be viewed on the surface as corrupt and subversive of the democratic process. For example, Richard Nixon's "Checkers speech" of 1952 was a successful effort to dispel a scandal concerning a rumored slush fund of campaign contributions. Years later Nixon's Watergate scandal did involve slush funds to buy the silence of the Watergate Plumbers. A slush fund can also be connected to amateur level athletics. In the past fifty years, there have been multiple occurrences where boosters and supporters of a collegiate sport program provide the school and coaches with extra money. This money is then distributed to a number of athletes in order to compensate them for their participation and commitment to their program. Some of the most memorable scandals that involved slush funds with college athletics are: Southern Methodist University in 1986 and University of Michigan in the 1990s. Southern Methodist's football team was caught receiving money from the school which was being funded by one of the boosters. The University of Michigan had one booster paying several of the Men's Basketball players, including NBA superstar Chris Webber.

Matched Categories

1. • Fund

How to pronounce slush fund?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say slush fund in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of slush fund in Chaldean Numerology is: 7

2. Pythagorean Numerology

   The numerical value of slush fund in Pythagorean Numerology is: 7

Examples of slush fund in a Sentence

1. Marjorie Dannenfelser:

   The Protect Life Rule does not cut family planning funding by a single dime, and instead directs tax dollars to entities that provide healthcare to women but do not perform abortions, the Title X program was not intended to be a slush fund for abortion businesses.

2. Michael Avenatti:

   The president had effectively an extramarital affair slush fund that was administered by Michael Cohen and that he would just be expected to take care of these things, they were a regular occurrence. I mean, that in and of itself should be very disturbing.

3. Jamie Court:

   It was a laundry machine for dirty energy contributions to the Brown administration, a slush fund of sorts, hiding big oil, utility and other dirty energy dollars in close proximity to officials’ actions.

4. Kentucky GOP spokesperson Sean Southard:

   This reporting raises questions about how Governor Beshear and his leadership team have been using the Team Kentucky Fund, a better name for this fund would be 'Governor Beshear’s Slush Fund.'.

5. Donald Trump:

   What about Congress ? The slush fund.

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=slush fund
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/Slush_Fund
3. ^ Wikipedia
   https://en.wikipedia.org/wiki/Slush_Fund
4. ^ ChatGPT
   https://chat.openai.com
5. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=slush fund