War chest

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War chest
In business, a war chest is a stash of money set aside to deal with unexpected changes in the business environment. The term originates with the medieval practice of having a chest, literally, filled with money to open in time of war.Companies rarely have a war chest anymore, relying instead on quickly raised debt which costs nothing to carry when you don't need it. This is not always a reasonable substitute, as the debt available to a company typically drops as a result of the same actions that require the war chest to be opened.
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WordNet 2.0 DictionaryDownload this dictionary
war chest
Noun
1. a fund accumulated to finance a war (or a political campaign)
(hypernym) fund, monetary fund
(classification) politics, political science, government



Campbell R. Harvey's Hypertextual Finance DictionaryDownload this dictionary
War chest
Cash which is kept aside for a takeover or for defense against a takeover bid.

Free English-Vietnamese DictionaryDownload this dictionary
war chest

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