Meaning of cash drag | Babel Free
Definitions
A negative impact on investment returns caused by holding a portion of a portfolio in cash instead of investing it in higher-returning securities or credit.
countable, informal, uncountable
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.