Sweep

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Sweep

The act of using all available cash flow for the repayment of debt service.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
serves hundreds of properties, performs highway sweeping for state departments of transportation and provides municipal sweeping throughout the eastern seaboard from Washington DC to Charleston, SC.
This is the inspection that occurs during the sweeping process under normal conditions.
Other than the institutes' seminars and workshops, there are no formal credentialing programs specific to chimney sweeping. Still, says Dawn, most sweeps are self-employed and need to know more than how to clean chimneys.
If the stone is moving at 2m/s, a typical 0.20m brush head used in a conventional sweeping style, standing just in front of the stone perpendicular to the direction of travel, will need to sweep at a rate of 10Hz (sweep 10 times per second) for the brush to cover the same area of ice more than once (Figure.
Two hundred seventy-four women were randomly assigned to receive membrane sweeping or no membrane sweeping at initiation of formal labor induction with either Cervadil[R] (dinoprostone pessary) or amniotomy (rupture of membranes).
SOOTY SKILLS: Trevor Williams and Gary Bradley, who are keeping the chimney sweeping tradition alive
VanHoose and Humphrey (2001) examine the effect of retail sweeping on bank behavior and Federal funds rate volatility.
"The problem is that a lot of commentators don't concur and have conducted a long campaign against England batsmen sweeping."
If I asked, she'd say, "Could we please change the subject?" My grandmother called it "sweeping things under the rug"--literally, since when things got uncomfortable Mom would clean house like a mongoose on diet pills.
"The new Swiffer Sweep & Vac eliminates the arduous work brought on by bending and sweeping and should enable young and old alike a new, more efficient way to clean," says Kristine Decker, the product's brand manager.
The unit consists of a snow plough, sweeping gear and blower unit.