end-of-day sweep

end-of-day sweep
An automatic transfer of funds from one bank account held by a company to another of its bank accounts, usually one that pays interest on deposits. The sweep takes place at the end of every day, or at the end of the day when certain conditions are met.

Accounting dictionary. 2014.

Игры ⚽ Поможем сделать НИР

Look at other dictionaries:

  • end-of-day sweep — An automatic transfer of funds from one bank account held by a company to another of its bank accounts, usually one that pays interest on deposits. The sweep takes place at the end of every day, or at the end of the day when certain conditions… …   Big dictionary of business and management

  • sweep — The act of using all available cash flow for the repayment of debt service. Bloomberg Financial Dictionary Automated transfer of liquidity positions from the securities settlement system ( SSS) to RTGS Cash Accounts at specific moments during the …   Financial and business terms

  • sweep — Automated transfer of liquidity positions from the securities settlement system (SSS) to RTGS Cash Accounts at specific moments during the day. There are two types of sweeps: intra day optional sweeps and an end of day mandatory sweep …   Euroclear glossary

  • Sweep (book series) — Sweep   Author(s) Cate Tiernan Country USA …   Wikipedia

  • Sweep investment — A sweep investment, or sweep investment account, is a secondary bank account that offers additional investment options on idle funds in a primary cash or checking account. [cite web| url=http://www.latam.citibank.com/corporate/lattco/english/trans… …   Wikipedia

  • Day of Affirmation speech — The Day of Affirmation speech was a speech given by Robert F. Kennedy to National Union of South African Students members at the University of Cape Town, South Africa, on June 6, 1966. Kennedy, who was then a U.S. Senator from New York, gave the… …   Wikipedia

  • Supermarket Sweep — For more information on the British version of Supermarket Sweep, see Dale s Supermarket Sweep .Infobox Television show name = Supermarket Sweep genre = Game show creator = Al Howard director = Lloyd Gross (1965 1967) Peter Molnár (1965 1967)… …   Wikipedia

  • Chimney sweep — Chimney sweeper redirects here. For the geometer moth, see Odezia atrata. Chimney sweep in the 1850s A chimney sweep is a worker who clears ash and soot from chimneys. The chimney uses the pressure difference caused by a hot column of gas to… …   Wikipedia

  • One-Day Internationals in England in 2005 — There are thirteen One Day Internationals scheduled to be played in England in 2005 ten in the NatWest Series between England, Bangladesh and Australia, and three between England and Australia in the NatWest Challenge immediately following the… …   Wikipedia

  • Operation End Sweep — v · …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”