Slush fund
A slush fund is a fund or account that is not properly accounted, such as money used for corrupt or illegal purposes, especially in the political sphere. Such funds may be kept hidden and maintained separately from money that is used for legitimate purposes. Slush funds may be employed by government or corporate officials in efforts to pay influential people discreetly in return for preferential treatment, advance information (such as non-public information in financial transactions), and other services. The funds themselves may not be kept secret but the source of the funds or how they were acquired or for what purposes they are used may be hidden. Use of slush funds to influence government activities may be viewed as subversive of the democratic process.
- Comment
- enA slush fund is a fund or account that is not properly accounted, such as money used for corrupt or illegal purposes, especially in the political sphere. Such funds may be kept hidden and maintained separately from money that is used for legitimate purposes. Slush funds may be employed by government or corporate officials in efforts to pay influential people discreetly in return for preferential treatment, advance information (such as non-public information in financial transactions), and other services. The funds themselves may not be kept secret but the source of the funds or how they were acquired or for what purposes they are used may be hidden. Use of slush funds to influence government activities may be viewed as subversive of the democratic process.
- Has abstract
- enA slush fund is a fund or account that is not properly accounted, such as money used for corrupt or illegal purposes, especially in the political sphere. Such funds may be kept hidden and maintained separately from money that is used for legitimate purposes. Slush funds may be employed by government or corporate officials in efforts to pay influential people discreetly in return for preferential treatment, advance information (such as non-public information in financial transactions), and other services. The funds themselves may not be kept secret but the source of the funds or how they were acquired or for what purposes they are used may be hidden. Use of slush funds to influence government activities may be viewed as subversive of the democratic process. In accounting, the term slush fund describes a general ledger account of commingled funds to which all manner of transactions can be posted, with debits and credits cancelling each other.
- Hypernym
- Account
- Is primary topic of
- Slush fund
- Label
- enSlush fund
- Link from a Wikipage to another Wikipage
- Campaign finance
- Category:Corruption
- Category:Financial crimes
- Category:Funds
- Category:Nautical terminology
- Checkers speech
- Credit (finance)
- Debit
- Democratic process
- Fat
- General ledger
- Glossary of nautical terms (A-L)
- Group of States Against Corruption
- Insider trading
- International Anti-Corruption Academy
- ISO 37001
- OECD Anti-Bribery Convention
- Political corruption
- Richard Nixon
- Salt-cured meat
- Subversion (political)
- Tallow
- United Nations Convention against Corruption
- White House Plumbers
- Wikt:discreet
- Yellow grease
- SameAs
- 4knzx
- Caisse noire
- Caixa dois
- Fondo de reptiles
- Fondo nero
- m.0g3sm
- Q567300
- Quỹ đen
- Reptilienfonds
- صندوق أموال أسود
- کھوہ کھاتہ
- 行贿基金
- 裏金
- 비자금
- Subject
- Category:Corruption
- Category:Financial crimes
- Category:Funds
- Category:Nautical terminology
- WasDerivedFrom
- Slush fund?oldid=1117014625&ns=0
- WikiPageLength
- 3394
- Wikipage page ID
- 59150
- Wikipage revision ID
- 1117014625
- WikiPageUsesTemplate
- Template:Citation needed
- Template:Corruption
- Template:Political corruption sidebar
- Template:Reflist
- Template:Short description