Sweep account
Account in which the bank takes all of the excess available funds at the close of each business day and invests them for the firm. ...
Sweep account
Definition: [crh] Account providing that a bank invest all the excess available funds at the close of each business day for the firm.
Sweep Account: A brokerage or bank account whose cash balance is automatically transferred into an interest-bearing investment, such as a money market fund. Use sweep accounts to earn interest on surplus cash.
Sweep account
A brokerage firm or bank may automatically transfer - or sweep - a client's uninvested or surplus funds into a designated account.
Sweep account
Account providing that a bank invest all the excess available funds at the close of each business day for the firm.
Sweetener
A feature of a security that makes it more attractive to potential purchasers.
sweep account
bank or other depository account that provides for automatic overnight investment of all or a portion of idle balances.
Dictionary of Finance and Investment Terms ...
sweep account
A deposit account, usually at a bank, that periodically removes a portion of the customer's funds into a higher yielding instrument. Bank sweep accounts are often sold as cash management tools.
Managing Sweep Accounts
Click to Play
How to Get More Out of Your Individual Retirement Account ...
Managing Sweep Accounts
Mary Beth Franklin shows you how to manage Sweep accounts to ensure that you get the most out of your money when it's between investments. (01:22)
How to Teach Children to Invest Money ...
One exception would be the situation where your business uses an interest-bearing account (for example, a money-market sweep account used in conjunction with your regular checking account).
An increase in equity created by the labor of the owner.
Sweep account
Account providing that a bank invest all the excess available funds at the close of each business day for the firm.
Sweetener ...
Specifically, consider a money market or daily sweep account with no fees or check-writing abilities. You won’t get rich by earning the interest, but it is found money and you are more likely to have some excess cash on hand if needed.
com sweep account A brokerage account whose cash balance is automatically transferred into a high... sweetener A feature of a debt obligation or preferred stock which is included in order...
 See also: Sweep, Bills, Values, Solvency, Banks
  
|
RSS
