war chest

noun

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

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

Recent Examples on the Web

Trump’s support for DeSantis could help the tea party conservative outflank the right wing of GOP front-runner Adam Putnam, who is Florida's agriculture commissioner and boasts a campaign war chest of $15.7 million. Chris Stirewalt, Fox News, "We the seagulls," 22 June 2018 Unlike the other top fundraisers — Friedman, Helmer and Stover — Wexton has raised the vast majority of her campaign war chest from inside Virginia, Rieling said. Jenna Portnoy, Washington Post, "Fellow Democrats target Wexton over corporate money in primary," 24 May 2018 Their filing showed a war chest of about $32,000, but with four individual donations of $2,500 apiece, along with 10 donations of $1,000. Thomas Jewell, cleveland.com, "Shaker Heights voters narrowly approve local library levy," 9 May 2018 Tester has a war chest of $6.8 million, raising $2 million in the first quarter of this year alone. Miguel Marquez, CNN, "Trump-Tester feud draws attention to Montana Senate race," 1 May 2018 Some media outlets have reported that Sequoia can use its sizable war chest to lure entrepreneurs who prefer to steer clear of SoftBank. Polina Marinova, Fortune, "Sequoia Capital Is On Track To Raise $8 Billion For Its Monster Fund," 27 Apr. 2018 Using its war chest — drawn in part from its founding family, the wealthy Reimann clan of Germany — the investment firm has rolled up brands including Peet’s Coffee, Caribou Coffee and Krispy Kreme. Michael J. De La Merced, New York Times, "Keurig Green Mountain Plans to Buy Dr Pepper Snapple," 29 Jan. 2018 As Democrats hope for a strong year electorally, Republicans are closing the gap in national polling, and conservatives like Gov. Greg Abbott and Sen. Ted Cruz plan to target Bexar County with multimillion-dollar war chests. Jasper Scherer, San Antonio Express-News, "Monica Alcantara, Bexar Democratic Party chair-elect, gears up for November," 31 May 2018 Interest groups were already blasting e-mails Wednesday and readying multimillion-dollar war chests for the confirmation fight. Liz Goodwin, BostonGlobe.com, "Kennedy’s retirement gives Trump another chance to make long-term impact," 28 June 2018

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.

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First Known Use of war chest

1871, in the meaning defined above

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Statistics for war chest

Last Updated

2 Nov 2018

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Time Traveler for war chest

The first known use of war chest was in 1871

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More Definitions for war chest

war chest

noun

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.

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.

Source: Investing Answers

war chest

noun

English Language Learners Definition of war chest

: 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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