zero balance account what is
Meaning of Zero-balance account (ZBA) explanation. What is transfers of funds from a master account.


Zero-balance account (ZBA) definition

Meaning ZERO-BALANCE ACCOUNT (ZBA): A checking account in which zero balance is maintained by transfers of funds from a master account in an amount only large enough to cover checks presented

More terms such as Zero-balance account (ZBA) in Dictionary Z.

Definition Zero-Coupon Bond:
Examples A bond in which no periodic coupon is paid over the life of the contract. Instead, both the principal and the interest are paid at the maturity date zero-balance account (zba).
Definition Zero-Beta Portfolio:
Examples A portfolio constructed to have zero systematic risk, similar to the risk-free asset, that is, having a beta of zero zero-balance account (zba).
Definition Zero-Base Budgeting (ZBB):
Examples Budgeting method that disregards the previous year's budget in setting a new budget, since circumstances may have changed. Each and every expense must be justified in this system zero-balance account (zba).
Definition Zero Uptick:
Examples Related: Tick-test rules zero-balance account (zba).
Definition Zero-Sum Game:
Examples A type of game wherein one player can gain only at the expense of another player zero-balance account (zba).
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