Sweep

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Related to sweep the board: take account, turn up, rub off, pick up on, on the back burner, put on the spot

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 ?
Craig, who has had two number ones, was expected to sweep the board last year after being nominated in six categories.
A show is set to sweep the boards on Tyneside this Christmas.
THE DARKNESS could sweep the boards at the Brits on February 17.