Slush Fund  Dictionary Says  Definition of 'Slush Fund'  Money
earmarked for a loosely defined, but legitimate, purpose that is
instead surreptitiously used for an illegitimate purpose. The
term "slush fund" indicates a fraudulent use of money. Expenses
paid for out of a slush fund may be disguised as legitimate
expenses, such as salaries, but not be commensurate with the
work performed. Other times, no effort is made to disguise the
spending, such as when a corporate executive uses a slush fund
to purchase luxury vehicles for family and friends. Investopedia
Says  Investopedia explains 'Slush Fund'  For example, if a
politician siphoned off tax payments that were supposed to fund
public goods and used the money to pay for a lavish vacation,
the stolen money would be referred to as a slush fund. Another
example of a slush fund would be an officer of a charity using
donations to pay for personal expenses.  Articles Of Interest
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