Entity: SLUSH-FUND
A slush fund is a fund or account used for miscellaneous income and expenses, particularly when these are corrupt or illegal. It can be used for illicit activities or as a cash reserve for hidden purposes.
SLUSH-FUND
Etymology
The term 'slush fund' originated from the naval practice of selling refuse or slush to raise funds for small luxuries or pleasures for a warship's crew.
Definition
A slush fund is a sum of money set aside for illicit or corrupt purposes, often used for buying influence or financing illegal activities.
Historical Context
Slush funds have been used throughout history in politics, business, and other sectors to fund activities that are not publicly disclosed or approved.
Cultural Significance
The concept of slush funds has negative connotations, associated with corruption, dishonesty, and illegal activities. It highlights the misuse of funds for personal gain or to influence decisions.
Related Concepts
Slush funds are related to money laundering, bribery, and embezzlement, as they involve the misuse of funds for unethical purposes.
See Also
A sum of money set aside for illicit or corrupt purposes, often used for buying influence or financing illegal activities.