sweeping arrangements

Polish translation: automatyczne inwestowanie nadwyżki środków pieniężnych

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:sweeping arrangements
Polish translation:automatyczne inwestowanie nadwyżki środków pieniężnych
Entered by: Katarzyna Iwańska

11:59 Nov 28, 2018
English to Polish translations [PRO]
Bus/Financial - Accounting / Annual Report
English term or phrase: sweeping arrangements
Informacja dodatkowa do bilansu, w zdaniu: the company has sweeping arrangements on the Euro account
Katarzyna Iwańska
Poland
Local time: 21:51
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...
Selected response from:

Frank Szmulowicz, Ph. D.
United States
Local time: 15:51
Grading comment
Dziękuję!
4 KudoZ points were awarded for this answer



Summary of answers provided
3automatyczne inwestowanie nadwyżki środków pieniężnych
Frank Szmulowicz, Ph. D.


  

Answers


6 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
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...


Frank Szmulowicz, Ph. D.
United States
Local time: 15:51
Native speaker of: Native in EnglishEnglish, Native in PolishPolish
PRO pts in category: 134
Grading comment
Dziękuję!
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