In accounting, a slush fund is a monetary fund or account used for miscellaneous income and expenses, particularly when these are corrupt or illegal. Such funds may be kept hidden and maintained separately from money that is used for legitimate purposes.
In accounting, a slush fund is a monetary fund or account used for miscellaneous income and expenses, particularly when these are corrupt or illegal. Such funds may be kept hidden and maintained separately from money that is used for legitimate purposes.
Source: Wikipedia "Slush fund" · CC BY-SA 4.0
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