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Zero-balance account

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ZERO-BALANCE ACCOUNT
A corporate checking account that provides decentralized disbursement control. After checks are written, a deposit is made exactly equaling the amount of the checks written.

zero-balance account (ZBA)
A cash management service offered by banks. A bank checking account that can accept deposits and/or make disbursements but that is always maintained at a zero balance.

zero-balance account: a bank account that does not hold funds continuously, but has money automatically transferred into it from another account when claims arise against it ...

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.
Zero-base budgeting (ZBB) ...

Zero-balance account
A zero-balance account (ZBA) is 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 the checks presented.

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) ...

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Zero-balance account
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See also: Checking account, Expense, Disbursement, Invoice, Red goods

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