Sweep
In accounting, sweep means an automatic transfer between our own accounts at a set time or threshold — typically excess balances into a concentration or investment account.
- Layer
- Lexicon
- Defined in
- Lexicon
- Nearby
- 4
Authority
This definition follows ASC 230-10-45 — not a cash flow.
Every citation in this system, with the text we read and the date we checked it, is in US GAAP and where these rules come from.
Sweep, in use
Quoted from the 4 documents that use the word — what it does to an interface, in the spec's own sentence.
Ours are flat, tinted by a brand color the consumer sets, with a single specular sweep on hover.
Slow breathe (opacity 0.6↔1, 1.6s) permitted; no shimmer sweep — a translating gradient across a full-page skeleton is large-surface paint animation and the clearest template tell there is.
Concentration risk: cash by institution against insured limits (FDIC $250,000 per depositor, per insured bank, per ownership category — sweep and reciprocal-deposit networks can extend it).
For founders
The same idea written for a founder: what it costs a startup that ignores it, and what to do in a real month.
- Balance sheet explained for startupsAssets equal liabilities plus equity. What each startup line means, from deferred revenue to the SAFE and the accumulated deficit, and why it must balance.
- Cash flow statement explained: why profit isn’t cashHow the cash flow statement starts at net income, adds back non-cash costs and working capital, splits three activities and ties to the balance sheet.
What it is not called
Each of these is a real word for a different thing. Using it here is what makes a product read as though it was built by someone who has not done the work.
- transfer unqualified
Nearby in the catalog
No component names this concept outright. These are the ones in its part of the system, which is a weaker claim — but a component nothing links to is a component nobody finds.
Terms this one depends on
Also in Cash
Defined in Lexicon. This page is generated from that document, so the two cannot disagree.