war chest investment & finance definition
Liquid
assets set aside by a company that is planning a takeover of another company or
planning its defense against an unwanted takeover. Typically, market talk may
refer to an acquisition target as having a large war chest, meaning that the
company will be expensive to takeover.
See war chest in Wall Street Words
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.
Learn more about war chest