Business and Personal Finance Dictionary

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• ZERO-BALANCE ACCOUNT (ZBA) - A cash management service offered by banks. A bank checking account that c...
  
  
• ZERO-BASE BUDGETING (ZBB) - Budgeting method that disregards the previous year's budget in setting a ne...
  
  
• ZERO-BETA PORTFOLIO - A portfolio constructed to have zero systematic risk, similar to the risk-free as...
  
  
• ZERO-BRACKET AMOUNT - The standard deduction portion of income which is not taxed for taxpayers choosin...
  
  
• ZERO-COUPON BOND - A bond that pays no interest but sells at a deep discount from its face value; it pr...
  
  
• ZERO-COUPON BOND (ZERO) - These bonds are issued at a deep discount but pay no interest until they matu...
  
  
• ZERO-COUPON BONDS - A deep discount municipal bond on which no current interest is paid. Instead, at bo...
  
  
• ZERO-COUPON CONVERTIBLE SECURITY - A zero-coupon bond convertible into the common stock of the issuing ...
  
  
• ZERO-COUPON GOVERNMENT BONDS - Government bonds that are purchased at a deep discount and pay no cash d...
  
  
• ZERO-COUPON MORTGAGE - A long-term commercial mortgage that defers all payments of principal and intere...