Definition ∞ Unremunerated accounts are financial holdings that do not earn interest or receive any form of payment for their balances. In the traditional financial system, these typically include basic checking accounts or certain corporate deposit accounts where the institution does not pay interest to the account holder. In the digital asset space, this concept might apply to certain non-interest-bearing digital wallets or smart contract addresses that hold funds without generating yield. The absence of remuneration can be due to regulatory restrictions, account type, or the specific design of a financial product.
Context ∞ Discussions around unremunerated accounts in the digital money transition often relate to the potential impact of central bank digital currencies (CBDCs) on commercial banking and monetary policy. Central banks might consider offering unremunerated CBDC accounts to avoid disintermediating commercial banks or to manage liquidity. The implications for financial inclusion, privacy, and the competitive landscape of financial services are key areas of ongoing debate and policy consideration.
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