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 ?
SM Kirchhain: sweeping covenant about 13.113 km, sweeping country and county about 21.236 km, sink boxes at federal, state and district
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.