| 单词 | sweep account |
| 释义 | sweep account noun[C] BANKING,FINANCEukusabankaccountthatautomaticallytransfersmoneyinto anotheraccountorinvestmentthatpayshigherinterestwhen theamountofmoneyin it goes over aparticularlevel: Sweepaccountsallowsmallbusinessesto gethigherreturnsoncashthat mightotherwisebe doing nothing in acurrentaccount. Examplesofsweep accountsweep account Some popular cloud storage providers sweep accounts looking for illegal data. FromNBCNews.com For example, there is little doubt that sweep accounts represent an effort by banks to evade reserve requirements and this evasion complicates measurement of the money supply. From theCambridge English Corpus These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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