USA Today Nonworking capital, for short? Crossword Clue Puzzle Answer from July 21, 2024

Nonworking capital, for short? USA Today Crossword Clue Answer

Let’s find the answers to Nonworking capital, for short? USA Today for the July 21, 2024 edition of USA Today crossword puzzle. Answer Contains 3 letters. Start with I and end with A, and the possible solutions are IDA, ICA, IRA.

The answer is IRA.

In financial terms, "IRA" stands for Individual Retirement Account, which is a type of nonworking capital. An IRA is a tax-advantaged savings account designed to help individuals save for retirement. Unlike working capital, which refers to the funds used in the daily operations of a business, an IRA is a personal investment vehicle where funds are invested and grow over time, typically used to provide financial security during retirement.

The term "nonworking capital" in this context refers to assets like IRAs that are not used for immediate operational purposes but rather for future financial goals. Thus, "IRA" is a fitting answer for "Nonworking capital, for short" as it denotes a type of retirement savings account.

This clue last seen in USA Today Crossword Puzzle on July 21, 2024. You can also get all other USA Today Crossword clues hints and answers here.

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