Examples of war chest in a Sentence
The candidate held fund-raising dinners to build up his war chest.
First Known Use of war chest
Financial Definition of WAR CHEST
What It Is
A war chest is the cash set aside to deal with unexpected changes in a business environment or to take advantage of a sudden opportunity.
How It Works
Uncertainties, unexpected events and opportunities occur regularly in business environments. In most cases, these events cost money or jeopardize revenues. The ability of a business to handle these unexpected cash needs may mean the difference between success and failure, between new growth and missed opportunities. For example, a business may use a war chest to attempt a takeover of a competitor.
WAR CHEST Defined for English Language Learners
Definition of war chest for English Language Learners
: an amount of money that can be used by a government to pay for a war
: an amount of money intended for a specific purpose, action, or campaign
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