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sweep

   Also found in: Dictionary/thesaurus, Legal, Acronyms, Idioms, Encyclopedia, Wikipedia, Hutchinson 0.01 sec.
Sweep
The act of using all available cash flow for the repayment of debt service.

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.


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