Sweep

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Related to swept: Swept volume, Swept Away, Swept wing, swept off my feet

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 ?
Sweeping a stone can be highly physically demanding and whilst not every stone will be swept with maximum intensity, the ability to recovery quickly and sustain sweeping intensity throughout a game and tournament is paramount to success.
Trystan Rowlands, Community Safety Team member, said: "Householders should have their chimneys swept at least once a year to prevent fire threat to people and property.
It's important for safety to have your chimney swept by a qualified sweep.
Monique Palmera and Chloe Kwock, Courtney Kaska and Lehren MacKay, and Nina Hwang and Angela Chong swept all nine doubles sets, giving up six games in the process.
A high volume jet of air from the blower unit behind the sweeping gear is guided closely along the ground to dry the swept surface.
The addition of the temperature dimension allows for a generalization that angle-sweep and temperature-sweep data are related to the hysteresis observed when the field is swept up and down at constant angle and temperature.
3) In such programs, balances in household transaction accounts (typically NOW accounts, but also some demand deposits, both of which are included in Ml) are swept into savings deposits, which are part of the non-MI portion of M2.
After all, the Kansas City Royals swept the Pirates this week, and the Royals might not be good enough to win the College World Series.
BEAUTIFUL bride Zoe Jones was almost literally swept off her feet on her wedding day.
Swept Away TV provides a chance for teens of all backgrounds to get involved in the medium of television production.
2 and Sam Kim swept, 6-1, 6-2, 6-3, to lead fourth-seeded Diamond Bar (16-2) past visiting Crescenta Valley (10-6).
Once the B loan is entirely repaid, swept cash is applied against the principal balance of the C loan.