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11:59 Nov 28, 2018 |
English to Polish translations [PRO] Bus/Financial - Accounting / Annual Report | |||||||
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| Selected response from: Frank Szmulowicz, Ph. D. United States Local time: 23:04 | ||||||
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3 | automatyczne inwestowanie nadwyżki środków pieniężnych |
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automatyczne inwestowanie nadwyżki środków pieniężnych Explanation: 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... |
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