Sweep


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Sweep

The act of using all available cash flow for the repayment of debt service.

Sweep

1. To use all cash flow currently available to service debt. This can lead to liquidity problems.

2. To transfer funds into an interest-bearing account automatically. Some brokerages sweep extra cash into such accounts on behalf of their clients.

sweep

To automatically move cash balances into an interest-earning money market fund. Certain brokerage firms offer to perform this activity for some or all of their accounts.
References in periodicals archive ?
Although currently a sole trader, Wilkinson hopes that the Complete Sweep can employ more people and put a second van on the road in the future.
He said: "His wife replied saying she was in tears and that she was delighted for Sweep.
If a homeowner declines, the sweep should note the refusal in writing on his invoice/report and recommend the system not be used until a more detailed inspection is conducted.
The National Chimney Sweep Guild says that homeowners should expect to pay up to $300 for routine inspection and sweeping, depending on geographical, structural, and other factors.
Right up until the 1970s you would see the old-style sweeps going around town pushing their bikes or ash barrows, with their plainly recognisable brushes tied in place.
20m brush head used in a conventional sweeping style, standing just in front of the stone perpendicular to the direction of travel, will need to sweep at a rate of 10Hz (sweep 10 times per second) for the brush to cover the same area of ice more than once (Figure.
Training is usually on-the-job with an experienced chimney sweep.
Jo got the idea from her father Pete Rispin - a retired Yorkshire chimney sweep - after the couple struggled to find someone local to sweep their solid fuel Rayburn.
The research concluded that, when compared to straight sawing, curve sawing logs with sweep increases the value of lumber sawn from curved logs in terms of both volume recovery and lumber quality.
What's unique is the Sweep Sensor technology built into the device," said David Klenske, director of product management at Lexar.
As I moved into college coaching, I took the Buck Sweep with me to Rutgers, Indiana University-PA, and Carnegie Mellon U.