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 ?
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.
5 : to move the eyes or an instrument through a wide curve <They swept the hill for some sign of the enemy.
Householders replacing open fire with gas appliances should ensure the flue is swept and checked before installation to avoid the threat of carbon monoxide gas build-up.
People are not always aware of the need to have their chimney swept.
Margaret's 9 (79): Ashley Litchfield swept her singles sets to lead Quartz Hill (21-1) to a Div.
Maybe we learn that a certain machine works better than another or adjust the way streets are swept or how often.
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.
TABULAR DATA OMITTED These sweep generators have a broadband 20 GHz coverage with a swept frequency accuracy typically 10 to 100 times better than traditional open-loop sweep generators, as shown in Figure 1.
During the sweep, three teams of investigators from the partner agencies swept through a geographic area in Santa Clara County with active construction sites looking for labor law violations.
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.