account sweep what is
Meaning of Sweep account explanation. What is available funds at the close of each business day for.

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Sweep account definition

Meaning SWEEP ACCOUNT: Account providing that a bank invest all the excess available funds at the close of each business day for the firm

More terms such as Sweep account in Dictionary S.

Definition Specialist'S Book:
Examples record maintained by a specialist that includes the specialist's own inventory of securities, market orders to sell short, and limit orders and stop orders that other stock exchange members have sweep account definition.
Definition Stock Index:
Examples Index like the Dow Jones Industrial Average that tracks a portfolio of stocks sweep account explain.
Definition Strike Price:
Examples The stated price per share for which underlying stock may be purchased (in the case of a call) or sold (in the case of a put) by the option holder upon exercise of the option contract sweep account what is.
Definition Scripophily:
Examples Collecting stock and bond certificates for their scarcity, rather than for their value as securities sweep account meaning.
Definition Shakeout:
Examples A dramatic change in market conditions that forces speculators to sell their positions, often at a loss sweep account abbreviation.
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