soft money

money contributed to a political candidate or party that is not subject to federal regulations.

* * *

In the U.S., paper money as contrasted with coins, or hard money; also, unregulated monetary donations to political parties or candidates.

In the 19th and early 20th centuries, advocates of soft money favoured governmental deficit spending to stimulate consumption and employment. Fiscal conservatives, who put their trust in hard money, maintained that government should not spend beyond its resources. In the late 20th century, strict regulations governed the source, amount, and use of donations to particular candidates (hard money), but few such laws applied to contributions for the general promotion of a political party's message (soft money). In 2002 the U.S. Congress passed legislation that prohibited soft money contributions to the national political parties and strictly limited such contributions to state and local parties.

* * *

Universalium. 2010.

Look at other dictionaries:

  • Soft money — Soft Soft (s[o^]ft; 115), a. [Compar. {Softer} (s[o^]ft [ e]r); superl. {Softest}.] [OE. softe, AS. s[=o]fte, properly adv. of s[=e]fte, adj.; akin to OS. s[=a]fto, adv., D. zacht, OHG. samfto, adv., semfti, adj., G. sanft, LG. sacht; of… …   The Collaborative International Dictionary of English

  • soft money — n. money given as a donation to a political party but not designated for a particular candidate …   English World dictionary

  • soft money — n. easy money; money obtained without much effort. □ Don’t become dependent on soft money. □ There’s not even very much soft money around now …   Dictionary of American slang and colloquial expressions

  • Soft Money — 1. The one time funding from governments and organizations for a project or special purpose. 2. Paper currency, as opposed to gold, silver, or some other coined metal. A good example of soft money is the campaign funding that politicians get… …   Investment dictionary

  • soft money — gov soft′ mon′ey n. money contributed to a political candidate or party that is not subject to federal regulations …   From formal English to slang

  • Soft Money — VP Grant or contract money that is not guaranteed from year to year …   Audio and video glossary

  • soft money — /ˈsɒft mʌni/ (say soft munee) noun non recurrent funds obtained for the support of a particular project, not part of the regular institutional budget …   Australian English dictionary

  • soft money — noun political contributions made in such a way as to avoid the United States regulations for federal election campaigns (as by contributions to a political action committee) • Hypernyms: ↑political contribution, ↑political donation * * * noun… …   Useful english dictionary

  • soft money — funds that can be used by a political party to promote itself but not to promote a particular candidate (not subject to federal regulation); unstable currencies that are not accepted worldwide …   English contemporary dictionary

  • soft money —  Campaign contributions which can be used for a variety of purposes by the political party …   American business jargon

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.