Topic: Define Sweep Account
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What is a Sweep Account?
A sweep account transfers money that are either too low or too high into another account. The second account is an account that earns higher interest than the first. Read More »
Source: http://answers.ask.com/Business/Other/what_is_a_sweep_account
What Is a Sweep Investment Account?
In a sweep investment account arrangement, the funds in a deposit account at a bank automatically transfer to or from another account which provides investment income. According to the Code of Federal Regulations, the second account is not ... Read More »
Source: http://www.ehow.com/about_7497302_sweep-investment-account.html
What Is a Money Market Sweep Account?
Brokerage accounts are like baskets that hold all the positions you invest in like cash, stocks, mutual funds and bonds. Each brokerage account has what is called a "sweep" account where cash from sales or dividends go until you decide what... Read More »
Source: http://www.ehow.com/facts_5070558_money-market-sweep-account.html
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Define Sweep Account
(n.) Checking account from which money in excess of a specified amount is automatically transferred to another account or to an investment that earns a higher rate of return
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A sweep account is a general ledger account used to temporarily store financial information that will be offset by another transaction, such as when one company pays the expenses of another company but will be reimbursed by the other compan...
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Source: http://www.ehow.com/how_5912196_reconcile-sweep-account-accountin...
A business cannot survive without the observation of accounting ethics, particularly if that business is publicly traded and reliant on the evaluation of creditors and investors. Essentially, accounting ethics is a combination of both inter...
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Source: http://www.ehow.com/how_4421380_define-accounting-ethics.html
Saving and investing for retirement is vital for most people. You may have an employer-provided pension plan or a 401(k) plan. If you don't, or if you want to add to your retirement nest egg, Individual Retirement Accounts (IRAs) are an opt...
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Source: http://www.ehow.com/how_4741098_define-individual-retirement-acco...
Financial accounts represent the parameters on which modern-day accounting processes rely, providing organizations with tools and methodologies to record, review and report operating data at the end of each month and quarter. Management acc...
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Source: http://www.ehow.com/about_7321961_define-accounts-versus-manageri...
People thinking about investing their money, and financial assistants hired to help people make financial decisions, should be familiar with common forms of money accounts. According to the AllBusiness website, many banks offer accounts cal...
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Source: http://www.ehow.com/how_7175747_define-money-market-deposit-accou...
Accounting for defined benefits and pension plans is one of the most challenging but critical areas of accounting. A company's pension liabilities and future funding needs are highly sensitive to assumptions, many of which are subjective. T...
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Source: http://www.ehow.com/how_5181387_account-amp-other-postretirement-...
