cash sweep
C1CEFR level
75/100Rarity: rare
TechnicalRegister
A provision requiring the borrower to apply a defined percentage of surplus cash or excess cash flow in prepayment of the loan.
The excess cash flow sweep captured half of the group's surplus at the end of each financial year.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
Get words like cash sweep on your lock screen, a few a day, with review that makes them stick.
Download on the App Store Lexfall puts a new word on your home and lock screen through widgets, so you learn without opening an app. Free to download. After a free trial, a subscription unlocks every field. Built for iPhone, iOS 15.1 or later.
On a computer?Scan with your iPhone camera.