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).
