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 ?
Currently Sweep has partnered with one hundred merchant partners, most of them restaurants, and plans to add more.
ARETAINED firefighter from County Durham has launched a new business to meet growing demand for traditional chimney sweeps.
TURNING THE CORNER Sweep in action TEAMWORK Euan guides Sweep around the agility course
Guidelines to Assess Sweep Work - "Look Out for Admiral Boom"
According to the guild's most recent membership survey, annual revenue of a typical chimney sweep company is between $100,000 to $250,000.
From that day forward the king announced that all sweeps were to be seen as lucky figures.
As the effect of sweeping on a stone differs according to stone velocity and sweeping style, this has implications for coaching and developing sweep ability.
SMOKE SIGNALS: To be a chimney sweep you need stamina, the ability to get on with people and capacity to organise your own work
Jo got the idea from her father Pete Rispin - a retired Yorkshire chimney sweep - after the couple struggled to find someone local to sweep their solid fuel Rayburn.
The research concluded that, when compared to straight sawing, curve sawing logs with sweep increases the value of lumber sawn from curved logs in terms of both volume recovery and lumber quality.
By adding the MBF310 Sweep Sensor with Cogent Systems software, the JumpDrive TouchGuard replaces awkward passwords with the convenience of a finger swipe, to control access to data stored on the JumpDrive TouchGuard.