Coffers

The word 'coffers' refers to the funds, financial resources, or treasury of a government, organization, or individual. It typically implies a substantial accumulation of money, often for investment, disbursement, or safeguarding. The term evokes a sense of security and potential wealth. Historically, cofffers were literal chests or boxes used to store valuables; the term evolved to represent the abstract concept of monetary holdings. Public coffers refer to the financial assets of a nation, while corporate cofffers represent a company's financial reserves. Maintaining healthy coffers is critical for achieving economic stability and pursuing ambitious projects.

Coffers meaning with examples

• The government's economic stimulus package was dependent on the vast sums available in the national cofffers. Without access to these resources, the program would have been unfeasible, potentially leading to significant economic turmoil.
• After a successful fundraising campaign, the charity's cofffers overflowed with donations, enabling them to expand their outreach programs and provide more assistance to those in need. The generous support proved vital.
• The company's decision to invest heavily in research and development was made possible by the substantial reserves in its cofffers, giving them the financial flexibility to take risks.
• During the economic downturn, the city faced significant challenges in balancing its budget due to reduced tax revenue and the depletion of its coffers. The situation required difficult financial decisions.
• The pirate captain's obsession was filling his coffers with gold and jewels, dreaming of the day he could retire on a tropical island. The dream of riches drove his every action.