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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).


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.

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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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