slush fund

noun
1.
a sum of money used for illicit or corrupt political purposes, as for buying influence.
2.
Nautical. a fund from the sale of slush, refuse fat, etc., spent for any small luxuries.

Origin:
1855–60

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Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
slush fund
 
n
1.  a fund for financing political or commercial corruption
2.  (US) nautical a fund accumulated from the sale of slush from the galley

Collins English Dictionary - Complete & Unabridged 10th Edition
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American Heritage
Cultural Dictionary

slush fund definition


A collection of money by a political official or administration that is used to make payments for various services. Though slush funds may be used for legitimate purposes, such as paying state employees, the term is generally used to describe money that is not properly accounted for and is being used for personal expenses and political payoffs. Money raised for political campaigns has come under increasing public scrutiny to ensure that it is not misused.

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Example sentences
The bill contains a slush fund that will allow hundreds of millions of dollars in phone-marking.
Additionally, the director established a slush fund for social outings, and employees were pressured to contribute to the fund.
He thereafter continued to use the bank account as his personal and secret slush fund.
Synonyms
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