The most common and most likely answer to this crossword clue is the 8 letter word WARCHEST
I've seen this crossword clue in The Daily Telegraph
W
A
R
C
H
E
S
T
More clues leading to the result WARCHEST
Buddy explains!
The straight part
We know that "funds for election?" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case funds for election? = warchest.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does WARCHEST mean?
WARCHEST noun- A fund to finance a war
- (by extension) A fund for some special purpose, such as a political campaign