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idle funds

 - 2 dictionary results
Financial Dictionary

Idle Funds

Money that is not invested and, therefore, earning no income. For example, funds in a checking account.

Investopedia Commentary

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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Financial Dictionary

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.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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