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

Maienschein, 50, has amassed an impressive campaign war chest since being elected to the Assembly in 2012, due in part to rarely spending much on his re-election bids until last year. San Diego Union-Tribune, "Republicans face uphill battle in unseating newly Democratic Assemblyman Brian Maienschein," 31 Aug. 2019 The $16,000 in spending on TV ads barely made a dent in Bronin’s campaign war chest. Russell Blair, courant.com, "Bronin is first on the air in Hartford’s mayoral primary," 9 Aug. 2019 Sam Presti granted Paul George and Russell Westbrook their wish in exchange for a war chest of draft picks. Michael Shapiro, SI.com, "Which NBA Stars Could Still be Dealt Following a Seismic Summer?," 15 July 2019 But what got lost in the exchanges over what version of universal healthcare any candidate favored is that the policy’s real enemies have spent months building their war chests and testing their attack themes. Los Angeles Times, "Column: Vested interests are already mounting dishonest attacks on ‘Medicare for all’," 1 Aug. 2019 And while the black market will always find a way to outbid Apple's rewards, the iPhone-maker can devote its war chest toward keeping its security strong to begin with. Xavier Harding, Fortune, "Apple Has a Million Dollar Bug Problem—And It’s Only Paying Thousands to Squash Them," 31 July 2019 McConnell is the most powerful Republican in Congress and has built a war chest that has overwhelmed challengers for more than 30 years. Phillip M. Bailey, The Courier-Journal, "5 things to know about Amy McGrath vs. Mitch McConnell in the 2020 Senate race," 9 July 2019 Sanders had another strong fund-raising quarter, raising $24 million total, but $6 million was transferred from other accounts, including his 2016 war chest. Christina Prignano, BostonGlobe.com, "Which candidates saw a bounce after the first Democratic debates? Which stayed flat?," 9 July 2019 Forget about those disposable Adam Sandler comedies, or the stunt blockbusters like Bright or The Cloverfield Paradox; Netflix is finally using its war chest of billions to finance movies worth watching. Taylor Antrim, Vogue, "With Hold the Dark, Netflix’s Original Movies Are Finally Getting Interesting," 28 Sep. 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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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