Cash Sweep Meaning
A cash sweep is a financial mechanism where surplus funds in an account are automatically transferred to pay off debt, invest, or allocate to other financial instruments. Common in corporate finance and personal banking, this process ensures efficient use of excess cash while minimizing idle funds and potentially reducing interest expenses on loans.
Synonyms for Cash Sweep
Automatic Cash Transfer
Surplus Cash Allocation
Debt Reduction Transfer
Excess Fund Sweep
Liquidity Management
Cash Flow Optimization
Debt Sweep Mechanism
Cash Consolidation
Auto Fund Allocation
Surplus Cash Management
Antonyms for Cash Sweep
Idle Fund Retention
Manual Cash Handling
Non-automated Allocation
Cash Hoarding
Static Fund Usage
Debt Accumulation
Inactive Fund Management
Manual Debt Payment
Non-swept Cash Flow
Fixed Cash Reserves
Short Sentence Examples
The company used a cash sweep to pay down its revolving credit facility.
Excess funds in the account were redirected through a cash sweep for investments.
A cash sweep helped the business reduce its loan interest significantly.
The bank implemented an automatic cash sweep for the client’s account balance.
Using a cash sweep, the corporation maximized its financial efficiency.
The post Cash Sweep Meaning? Synonyms, Antonyms and Sentences Examples appeared first on AboutNearMe.Com.