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Slush Fund
Slush Fund
Slush Fund : Phrases
Meaning:
A hidden cache of money used for illegal or corrupt political purposes.
Example:
Our Company had earmarked 1% of our turnover as slush fund.
Origin:
This phrase is derived from the 19th century shipboard practice of boiling up large pots of pork and other fatty meats. The fat that rose to the top of the kettles was stored in vats and then sold to soap and candle makers. The money received from the sale of the slush was used for the crew's comfort and entertainment.
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