A temporary parking place for cash means holding liquid assets until the investment environment for long-term assets improves.

Question

Quizplus · Accepted Answer

A temporary parking place for cash is a short-term investment strategy where liquid assets are held until a more favorable environment for long-term investments emerges. This is done to avoid making hasty or risky long-term investments during periods of market uncertainty or volatility.

A Temporary Parking Place for Cash Means Holding Liquid Assets