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 Z Bond:
- Examples A bond on which interest accrues but is not currently paid to the investor but rather is added to the principal balance of the Z bond and becoming payable upon satisfaction of all prior bond classes zero-balance account (zba) definition.
- Definition Zero-Investment Portfolio:
- Examples A portfolio of zero net value established by buying and shorting component securities, usually in the context of an arbitrage strategy zero-balance account (zba) explain.
- Definition Zombies:
- Examples Companies that continue operation while they await merger or closure, even though they are insolvent and bankrupt zero-balance account (zba) what is.
- Definition Zero Uptick:
- Examples Related: Tick-test rules zero-balance account (zba) meaning.
- Definition Z:
- Examples Nasdaq stock symbol indicating that listing is a fifth class of preferred stock, a stub, a certificate representing a limited partnership interest, foreign preferred when issued, or a second class of zero-balance account (zba) abbreviation.