Definition
A sweep account is a bank or brokerage account that automatically transfers amounts that exceed a certain level into a higher interest-earning investment option at the close of each business day. Commonly, the excess cash is swept into a money market fund. Key Takeaways
In Panel Profits
In the Panel Profits market platform, Sweep Accounts Definition: Types and How They Work applies standard financial concepts principles to comic assets and physical collections.
Common mistakes
Do not infer unobserved prices.