Situation in which production has shut down or is simply not working, or one in which cash is inactive (not invested). More generally, this term can apply to any asset that is not being put to productive use. Being idle is usually an undesirable situation, since there is an opportunity cost of not earning returns on the idle asset.

Use idle in a sentence

The workers went on strike, leaving all the expensive machinery in the factory sitting idle while negotiations on a new contract continued.

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Our company CEO was desperate to sell the car factory we owned in Detroit because the factory was sitting idle and was costing us a lot of money without producing anything.

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We have been trying to revive a sale that has been in idle for months now. Of course we realize these decisions take time but our time has come to put this thing in drive and try to bring it back to life.

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credit sweep Pareto improvement