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war chest
(redirected from war chests)

    Also found in: Dictionary/thesaurus, Wikipedia 0.10 sec.
War Chest
Slang for the reserve of cash a corporation sets aside to attempt a takeover or to defend against a hostile takeover.

Notes:
For example, you might hear, "Look for XYZ Company to make an acquisition soon they've been selling off assets in order to build up their war chest."

War chest
Cash kept aside for a takeover or for defense against a takeover bid.
war chest
Liquid assets accumulated by a firm to use in a potential acquisition or in defending itself against a takeover attempt. A substantial war chest adds security and enhances investment opportunities but is likely to be a drain on short-term profitability.


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