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Idle Funds

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idle funds
Money, as the funds in a checking account, that is not invested and therefore earns no income. Investors wishing to increase their income try to keep idle funds to a minimum.

Idle Funds
Money that is not being invested. Idle funds do not make a return and are usually used for spending. Common examples of idle funds include cash and money in checking accounts.


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? Mentioned in ? References in periodicals archive
 
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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