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Sweep
(redirected from swept the board)

   Also found in: Dictionary/thesaurus, Legal, Encyclopedia 0.01 sec.
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.


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ISM swept the board by winning all the six categories and qualified to represent CBSE Oman Chapter at the CBSE Nationals to be held in Nagpur, India in December 2009.
Local Labour wins, but Tories sweep the board The Labour party had swept the board at the General Election in Cleveland, although the Conservatives won nationally, bringing Britain's first woman Prime Minister to power, Margaret Thatcher.
Summary: Billy Elliot The Musical has swept the board for US theatre's top prize with 15 Tony Awards nominations.
 
 
 
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