I'm trying to understand the financial term 'idle' and how it relates to money. I want to know the specific definition and implications of describing money as 'idle'.
6 answers
MountFujiMystic
Mon Nov 04 2024
As a result, idle funds do not generate interest or investment income.
ZenMindfulness
Mon Nov 04 2024
Essentially, idle funds are those that have not been placed in any interest-bearing accounts.
HanRiverVisionaryWaveWatcher
Mon Nov 04 2024
Idle funds represent a specific type of financial resource.
CryptoVisionary
Mon Nov 04 2024
They are also distinguished by not being invested in any vehicles that track
market performance.
MountFujiMysticalView
Mon Nov 04 2024
These funds are characterized by their lack of investment.