slush fund

slush fund definition - business

slush fund

A pool of money available for distribution with little accountability required. For example, an office manager may have a slush fund for coffee and occasional employee gifts; or a corporation may maintain a secret slush fund used to bribe government officials.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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