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War Chest
(redirected from war chests)

    Also found in: Dictionary/thesaurus, Wikipedia 0.01 sec.
War chest
Cash kept aside for a takeover or for defense against a takeover bid.
War Chest
Informal; money a corporation sets aside to pay for or defend against a hostile takeover. A war chest is highly liquid, and while it can cut into short-term profits, it may open up investment opportunities for the long-term. The term is commonly used in journalism.
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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Byline: Jim Skeen Staff Writer PALMDALE - Mayoral and council candidates started building their campaign war chests primarily by digging into their own pockets and carrying over funds from previous races, documents show.
CANDIDATES LOANING FUNDS TO CAMPAIGNS WAR CHESTS GROW BIGGER by Daily News (Los Angeles, CA)
In the final weeks before the election, most of the council candidates have been unloading what's left of their war chests to fuel their campaigns with mailings, television ads and new posters.
SIMI HOPEFULS REVEAL EXPENSES IN CAMPAIGNS; WEBB LEADS IN ... by Daily News (Los Angeles, CA)
 
 
 
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