A cash sweep, or debt sweep, is the mandatory use of excess free cash flows to pay down outstanding debt rather than distribute it to shareholders. Firms...
825 bytes (98 words) - 11:47, 25 January 2023
The Insured Cash Sweep or ICS service is used by banks and savings associations that are insured by the Federal Deposit Insurance Corporation (FDIC). In...
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Big Sweep total in cash and advanced to the Bonus Sweep for a chance to win an additional $5,000. The other teams received parting gifts. Sweep totals...
29 KB (3,695 words) - 23:34, 11 October 2024
A sweep account is an account set up at a bank or other financial institution where the funds are automatically managed between a primary cash account...
5 KB (748 words) - 07:18, 27 August 2024
sweepstakes which are the Special Cash Sweeps, the Last Race Sweep and the Ordinary Cash Sweeps. Special Cash Sweeps were at first drawn twice a year,...
95 KB (10,760 words) - 13:56, 1 November 2024
2006. Retrieved 2007-03-08. "Cash Management Services". Pacific Western Bank. January 1, 2007. Retrieved 2007-03-08. "Sweep Investment Account". Guaranty...
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place whereby NLF could carry out a cash sweep of the organisation and claim 65% of British Energy's available cash flow each year, on top of a fixed annual...
19 KB (1,830 words) - 20:55, 26 September 2024
can be reconciled with the company's files. Sweep accounts Sweep accounts are typically offered by the cash management division of a bank. Under this system...
12 KB (1,500 words) - 12:33, 18 March 2024
their trolleys as possible in order to go on to the Super Sweep for the chance to win a cash prize (£2,000 in the original series, £5,000 for the 2007...
14 KB (1,691 words) - 15:24, 20 October 2024
Funding. Using the service, broker-dealers automatically transfer, or “sweep,” unused cash balances from customer brokerage accounts to interest-bearing deposit...
3 KB (202 words) - 11:30, 8 September 2024