Glossary entry (derived from question below)
English term or phrase:
sweeping arrangements
Polish translation:
automatyczne inwestowanie nadwyżki środków pieniężnych
Added to glossary by
Kaig
Nov 28, 2018 11:59
5 yrs ago
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English term
sweeping arrangements
English to Polish
Bus/Financial
Accounting
Annual Report
Informacja dodatkowa do bilansu, w zdaniu: the company has sweeping arrangements on the Euro account
Proposed translations
(Polish)
3 | automatyczne inwestowanie nadwyżki środków pieniężnych | Frank Szmulowicz, Ph. D. |
Proposed translations
6 hrs
Selected
automatyczne inwestowanie nadwyżki środków pieniężnych
Sweep Account
What is a 'Sweep Account'
A sweep account is a bank account that automatically transfers amounts that exceed, or fall short of, a certain level into a higher interest-earning investment option at the close of each business day. Commonly, the excess cash is swept into money market funds. In a sweep program, a bank's computers analyze customer use of checkable deposits and "sweep" funds into money market deposit accounts.
https://www.investopedia.com/terms/s/sweepaccount.asp#ixzz5Y...
What is a 'Sweep Account'
A sweep account is a bank account that automatically transfers amounts that exceed, or fall short of, a certain level into a higher interest-earning investment option at the close of each business day. Commonly, the excess cash is swept into money market funds. In a sweep program, a bank's computers analyze customer use of checkable deposits and "sweep" funds into money market deposit accounts.
https://www.investopedia.com/terms/s/sweepaccount.asp#ixzz5Y...
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