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idle funds |
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Idle Funds Money that is not invested and, therefore, earning no income. For example, funds in a checking account. Notes: If you want to increase your income, try to place your idle funds into a money market account (or some other interest bearing account).See also: Checking Account, Money Market Account
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? Mentioned in | ? References in periodicals archive | |
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Invest temporarily idle funds at the highest going rate of interest. A Sweep Investment Account, which automatically moves idle funds into an interest-earning account, provides a greater return on idle cash. Interest from idle funds decreased by $8,793 during this period as a result of a decrease in idle funds that were invested. |
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