**Meaning ZERO-MINUS TICK:** Sale that takes place at the same price as the previous sale, but at a lower price than the last different price. Antithesis of zero-plus tick

More terms such as **Zero-minus tick** in Dictionary Z.

- Definition Zero Prepayment Assumption:
- Examples The assumption of payment of scheduled principal and interest with no payments zero-minus tick.
- 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-minus tick.
- 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-minus tick.
- Definition Zabara:
- Examples international equities. Japanese securities transactions conducted on the principal of auction, i.e., (1) price priority in which the selling (buying) order with the lowest (highest) price takes zero-minus tick.
- Definition Zero-Balance Account (ZBA):
- Examples 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 zero-minus tick.