Slush funds meaning
Webbslush fund noun [ C ] FINANCE uk us money that is kept by a business or other organization for illegal purposes: The CEO treated this money as his own personal slush fund and … WebbDefinition: an unregulated fund often used for illicit purposes. In nautical jargon, slush is the grease rendered from the salted meat cooked on board a ship. This slush was once commonly skimmed and put into barrels to …
Slush funds meaning
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Webb13 mars 2024 · Especially with the Renewal fund being found as a slush fund. Meaning the feds would have to cover it, and that would likely come with some unpalatable conditions. Like, you gotta repair at least seven breaches in the sea wall, pump out a lot of water, and now repair literally the entire city. Webbslush fund. 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 …
WebbA slush fund is an unregulated fund used at the discretion of someone in a position of power, such as a senior executive or elected official. It’s sometimes called a “black fund” … Webb1 juli 2016 · A slush fund is not allowed in any circumstances. Cash surpluses and deficits should be recorded and accounted for. The safe should be used to store all cash in the back office. Only keep the minimum needed in the cash drawer. Excess cash should be regularly deposited in the POS safe. Cash drawers should be secured under lock and key …
Webb1 feb. 2024 · Recent fundraising solicitations from that group have said that it is splitting donations between Save America and the Republican National Committee, with 75 percent going to Trump’s leadership ... WebbMeaning of SLUSH FUND in English [slush fund] n (1864) 1: a fund raised from the sale of refuse to obtain small luxuries or pleasures for a warship's crew. 2: a fund for bribing public officials or carrying on corruptive propaganda. Merriam-Webster English vocab. Английский словарь Merriam Webster. 2012.
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Webbfund. From Longman Dictionary of Contemporary English Related topics: Organizations fund1 /fʌnd/ W3 AWL noun 1 [ countable] an amount of money that is collected and kept for a particular purpose The fund was set up to try to save the cathedral. pension/investment/memorial etc fund → funding, trust fund 2 → funds 3 [ singular] an ... chinas flüsseWebbSlush Fund definition: A fund raised for undesignated purposes, especially:. grammarly uninstall toolWebb5 juli 2024 · Example: Uncle Bill creates a trust and provides that Aunt Ethel can use the trust as her personal slush fund, meaning that she can purchase trust owned real estate for pennies on the dollar, sell trust-owned securities for a pittance to finance Jedediah’s legal fees, etc.. What’s more, Ethel has the power to authorize her baby boy Leroy to do the … chinas floating solar panelsWebbslush (slŭsh) n. 1. Partially melted snow or ice. 2. Soft mud; slop; mire. 3. Nautical Grease or fat discarded from a ship's galley. 4. A greasy compound used as a lubricant for machinery. 5. Maudlin speech or writing; sentimental drivel. 6. A drink made of flavored syrup poured over crushed ice. 7. Informal Unsolicited manuscripts submitted to a ... chinas future goalsWebbA community foundation is a tax-exempt, nonprofit, autonomous, publicly supported, philanthropic institution composed primarily of permanent funds established by many separate donors of the long-term diverse, charitable benefit of the residents of a defined geographic area. Typically, a community foundation serves an area no larger than a state. grammarly universityWebb6 dec. 2024 · “Through slush funds, bribes, gifts, and graft, Ericsson conducted telecom business with the guiding principle that ‘money talks.’ Today’s guilty plea and surrender of over a billion dollars in combined penalties should communicate clearly to all corporate actors that doing business this way will not be tolerated.” grammarly university loginWebb28 feb. 2024 · The Treasury Department described the fund, which was created in 2011 and operates in the insurance and financial services industries, as Mr. Putin’s “slush fund” and emblematic of Russia’s... grammarly university of arizona