Annual Clean-Up

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Dictionary Says

Definition of 'Annual Clean-Up'

A banking practice that requires a borrower to pay off all balances of any renewable lines of credit and keep them at zero for 30 to 60 days or so. Although the annual clean up is a long-time tradition, it's becoming less common nowadays. Clean-ups aren't usually required on secured credit lines.

Also known as the clean-up requirement.
Investopedia Says

Investopedia explains 'Annual Clean-Up'

The annual clean up usually takes place when the customer is flush with cash. For instance, after a peak sales period when receivables have mostly been collected and cash needs for replenishing inventory are low. The clean-up shows that credit lines are being used only during periods of peak cash requirements and are not needed for the normal financing of the business.
Search results for

'Annual Clean-Up'

  • Investors Clean Up With Colgate

    http://stocks.investopedia.com/stock-analysis/2009/Investors-Clean-Up-With-Colgate-CL-AVP-CLX-UL0806.aspx
    ... Article; Comments (0). Investors Clean Up With Colgate. Posted:
    Aug 06, 2009 14:03 PM by Ryan C. Fuhrmann , CFA. ...

  • You Can Still Clean Up With Clean Harbors

    http://stocks.investopedia.com/stock-analysis/2012/You-Can-Still-Clean-Up-With-Clean-Harbors-CLH-WM-RSG-BP-VE0118.aspx
    ... Up With Clean Harbors. Posted: Jan 18, 2012 13:49 PM by Matt Cavallaro. ... Clean Harbors
    (NYSE:CLH), the largest hazardous waste disposal and environmental cleanup ...

  • Another Big Gulf Clean-Up Operation

    http://stocks.investopedia.com/stock-analysis/2010/Another-Big-Gulf-Clean-Up-Operation-APA-CVX-TTI-SPN-DVR0917.aspx
    ... Article; Comments (0). Another Big Gulf Clean-Up Operation. Posted:
    Sep 17, 2010 10:30 AM by Stephen D. Simpson, CFA. ...

  • Williams-Sonoma Continues To Clean Up

    http://stocks.investopedia.com/stock-analysis/2011/Williams-Sonoma-Continues-To-Clean-Up-WSM-DDS-ETH-LZB-PIR0121.aspx
    ... Williams-Sonoma Continues To Clean Up. ... The move is working and barring unforeseen
    circumstances, it's going to clean up in the coming years. ...

  • Zep Looks To Clean Up Its Profit Trends

    http://stocks.investopedia.com/stock-analysis/2011/Zep-Looks-To-Clean-Up-Its-Profit-Trends-AYI-ZEP-CHD-PG-ECL0407.aspx
    ... Article; Comments (0). Zep Looks To Clean Up Its Profit Trends. Posted:
    Apr 07, 2011 08:43 AM by Ryan C. Fuhrmann , CFA. ...

  • Should You Buy Banks' "Toxic" Assets?

    http://www.investopedia.com/articles/economics/09/ppip-cleanup.asp
    ... the investments are a bust, retail investors would lose twice: once with their
    investment and a second time when their tax dollars are used to clean up the mess ...

  • Seacor's Diversified Revenue Pays Dividends

    http://stocks.investopedia.com/stock-analysis/2011/Seacors-Diversified-Revenue-Pays-Dividends-CKH-BRS-TDW-KEX-HOS0214.aspx
    ... and aviation services responsible for a majority of its annual operating profits
    in ... Seacor provided cleanup services for the one-time event and, although this ...

  • Oil Sands Should Benefit From Gulf Disaster

    http://stocks.investopedia.com/stock-analysis/2010/Oil-Sands-Should-Benefit-From-Gulf-Disaster-BP-CNQ-NXY-XOM-CVX-TOT-COP-SU0625.aspx
    ... the next one to two years to clean up the massive tailings ponds that have been
    the target of many environmentalists. While the size of this cleanup bill may ...

  • BP Share Price A Steal?

    http://stocks.investopedia.com/stock-analysis/2010/BP-Share-Price-A-Steal-BP-RIG-XOM-HAL-APC0615.aspx
    ... Shares in BP plc (NYSE:BP) were hammered again last week on continued criticism
    over the oil spill debacle in the Gulf and speculation that cleanup costs will ...

  • Shaw Group Cleaning Up

    http://stocks.investopedia.com/stock-analysis/2010/Shaw-Group-Earnings-SHAW-FLR-EXC-SO-JEC0715.aspx
    ... the diversified contractor is seeing some positive developments surrounding nuclear
    upgrades, clean air retrofitting and environmental cleanup, other business ...

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