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 ?
Johnstone and Williams [7] used motions to construct sweep surfaces, and Juttler and Wagner [5] formulated motions from three B-spline curves, each of which determines trajectory, orientation and scaling of a local coordinate system.
Although currently a sole trader, Wilkinson hopes that the Complete Sweep can employ more people and put a second van on the road in the future.
After Sweep was named on the Scotland team, Euan emailed the shepherd to tell him.
"We hope this case sends a clear message to sweeps so that this sort of incident does not happen again and other people are not put at risk.
Unfortunately, most homeowners have no understanding of inspection levels and may rely on a sweep to make sure the fireplace system is completely safe.
(Guideline only) There are no set rates of pay for self-employed chimney sweeps - earnings vary according to work load.
The National Chimney Sweep Guild says that homeowners should expect to pay up to $300 for routine inspection and sweeping, depending on geographical, structural, and other factors.
Averages and confidence intervals of LogDif were computed for each species and sweep modification.
He must have said to himself: "What could be more important than a chimney sweep?" By this time Joe was living in Gloucester Road, in Elswick, and judging by the massed housing of back-tobacks he would have expected business to be brisk - and he was not disappointed.
(This asymmetric generation of heat from sweeping will occur regardless of sweep length.
Six detectives targeted 35 registered sex offenders as part of a compliance sweep in Coos County, where there are a total of 373 registered sex offenders, including 20 who are registered predatory sex offenders.