Colloquial phrase for reserve funds set aside by companies for unexpected developments or for opportunistic advantages
Etymology:
- From medieval military terminology, referring to one’s personal cache of weapons and armor kept in the home (in a chest), ready for use if conflict were to break out.
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A considerable war chest can be considered a poor allocation of capital nonetheless many organizations maintain them.
Submitted by JokerGem on April 26, 2024
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"war chest." Phrases.com. STANDS4 LLC, 2024. Web. 21 Dec. 2024. <https://www.phrases.com/phrase/war-chest_64286>.
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