sit on (something)
to delay dealing with or talking about or acting on (something)
▪ Let's sit on the problem for a while and see if anything changes.
▪ They have been sitting on my insurance claim for months!
▪ Let's just sit on this news for the time being.
Is this phrasal verb used in the following sentence? Yes, the wealthy are not spending or aggressively investing their cash; they are just keeping it in the bank or in a money fund.
how-the-rich-save-today.html: Personal Finance News from Yahoo! Finance
Experts who work with the wealthy and observe their spending habits say rich folks are sitting on their cash.
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