Slush fund ledger meaning
Webbslush fund. A “slush fund” is an unregulated store of money which is often used for illicit or illegal purposes. In the 19th century, “slush” meant the leftover fat from cooking bacon … Webb6 dec. 2024 · Once you have that in place, you can also start tracking your sinking fund progress every month.. Either using a piece of paper or our FREE sinking fund tracking sheet (you can download below), you will need to make a column for each of these:. The name of the fund (“Sinking Fund”) How much is in the fund at the beginning of the month …
Slush fund ledger meaning
Did you know?
WebbSlush fund fraud, an atypical embezzlement, is more sophisticated than merely stealing money from a company. Slush funds are unofficial accounts containing money for use in … Webb3 feb. 2014 · Slush funds have been a part of the political climate ever since. Labor unions, politicians in office, politicians running for office, big corporations, foreign governments, …
WebbThe meaning of SLUSH is partly melted or watery snow. How to use slush in a sentence. ... slush fund; slush fund; Articles Related to slush. The Appetizing Origins of 'Slush Fund' You'll never look at a frozen drink the same way again. Dictionary Entries Near slush. Slurvian. slush. slush-cast. WebbAdditional meaning of Slush Fund: The term slush fund is used in accounting to describe a general ledger account in which all manner of transactions can be posted to …
Webb2 juni 2024 · A sum of money set apart for discretionary and/or undocumented spending, often fraudulent, illegal, or dishonest. WebbTo an accountant, a slush fund in a general ledger account for which a variety of transactions can be posted and only the net total is recorded in the financial statement. …
Webbplural slush funds. Britannica Dictionary definition of SLUSH FUND. [count] : an amount of money that is kept secretly for illegal or dishonest purposes. a political slush fund. a …
Webbslush fund — slush′ fund n. 1) bus a sum of money used for illicit political purposes, as for buying influence 2) navig. a fund for a ship s crew, formerly raised from the sale of galley waste, for the purchase of small luxuries … From formal English to … fluorescent printing inks large formatWebb11 apr. 2024 · A slush fund is usually defined as some type of financial reserves that are maintained above and beyond the usual accounting line items, usually as some sort of … greenfield museum dearborn migreenfield mushroom anchorWebb21 maj 2024 · Petty cash is a small fund of cash kept on hand maintained by a custodian for purchases or reimbursements too small to be worth submitting to the more rigorous purchase and reimbursement ... greenfield music sheetWebb20 maj 2014 · slush / ( slʌʃ) / noun any watery muddy substance, esp melting snow informal sloppily sentimental language nautical waste fat from the galley of a ship verb (intr often … greenfield nails chandlerWebbledger: [noun] a book containing accounts to which debits and credits are posted from books of original entry. greenfield music centerWebbA slush fund is a sum of money that is set aside as a reserve. In accounting, a slush fund is a general ledger account of commingled funds that does not have a designated purpose. … greenfield municipal court wi