war chest

noun
|Updated on: 13 Jul 2018

Definition of war chest

: a fund accumulated to finance a war; broadly : a fund earmarked for a specific purpose, action, or campaign

Examples of war chest in a Sentence

  1. The candidate held fund-raising dinners to build up his war chest.

Recent Examples of war chest from the Web

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'war chest.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

First Known Use of war chest

1871

in the meaning defined above

See Words from the same year
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Financial Definition of WAR CHEST

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.

Companies may accumulate cash in a reserve account to handle such contingencies. This cash account, which may be invested in short term and liquid investments, is referred to as a "war chest."

Why It Matters

A company may consider that its ability to quickly borrow cash to handle a contingency is a critical element of its cash management process. The events that cause the need for the cash unexpectedly may create a difficulty for the business in borrowing from a lender.


WAR CHEST Defined for English Language Learners

war chest

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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