answersLogoWhite

0


Best Answer

no

User Avatar

Wiki User

11y ago
This answer is:
User Avatar
More answers
User Avatar

AnswerBot

6mo ago

No, idle cash in a bank checking account is not considered a short-term investment. It is simply cash that is not being actively used or invested. Short-term investments typically refer to assets that are expected to be converted into cash within a year, such as Treasury bills or money market funds.

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Would idle cash in a bank checking account classified as a short term investment?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What if its disabilty money in your checking account how would a lien work then?

if you have a lein on you, can they take your disabilty money out of your checking account


What investment would you recommend?

One investment that a person could recommend that would be good would be to have a savings account.


How can you open an online business checking account?

In order to open a business checking account online you first need to decide which bank you would like to have a checking account through. Then you should go to the website and follow the steps listed to open a checking account.


Do you paid taxes on checking account?

The only tax you would pay on money in a checking account is any interest the money made if it is a interest type of account.


How do you open a online checking account?

Opening an online checking account is usually very simple, and many banks offer online checking alongside your primary checking account. Your best bet would be to simply call your local bank, and ask them about their online checking program.


Would you access a Second Chance Checking Account the same way you access a normal bank account?

You would access a second chance checking account basically the same way a normal bank account but its not normal most of the money handling for a second chance checking account is done online and people who use second chance checking accounts don't have very great credit


What websites can you use for online checking?

This is going to depend on which bank your account is with. For example, if you have a checking account with chase, you would go to the chase website login. Once logged in you have full access to online checking.


What should I ask when opening a checking account?

Just visit any bank that you would like to open a checking account in and sit at the new account desk. The person sitting at the new account desk would show you a brochure of all sorts of checking accounts and their fees. Some doesn't have fees if the place you work at offers direct deposit.


Can you use checks from a closed checking account?

Why would you think this would work? This is fraud.


Is it correct to say do not leave large balance in checking account?

That is close to being correct, but not quite. A better phrasing would be, do not leave a large balance in your checking account.


What is a good age to start a child with a checking account?

I would recommend not getting a checking account for your child until they are older. A good age to think about this would be around 16 or 17 years of age.


What will be the initial deposit to open a Bank of America account?

I think it is US $ 500 for a simple checking account. The bank would give you an ATM card and a check book for this account. However if you arrange to have a Direct Deposit (Your Monthly Salary/paycheck) into this account Bank of America waives this minimum balance requirement and you can have it as a Zero-Balance checking account.