Zero-base Budgeting A rigorous method of drawing up BUDGETS in which the premise is that expenditures will be zero, and so allocations are made thereafter, only upon a justification of the true requirements.
Zero-Base Budgeting (ZBB)
method of setting budgets for corporations and government agencies that requires a justification of all expenditures, not only those that exceed the prior year's allocations.
Zero-base budgeting (ZBB)
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-bracket amount ...
zero-base budgeting
a comprehensive budgeting process
that systematically considers the priorities and alternatives
for current and proposed activities in relation to organization
objectives; it requires the rejustification of ongoing activities ...
Zero-Base Budgeting. A technique where each budget starts from zero, rather than starting with the prior budget and increasing or decreasing it. Theoretically, under zero-base budgeting, every expense has to be justified.
zero-base budgeting Method of budgeting for future expenses in which all expenditures must be... zero-beta portfolio A portfolio designed to have no systematic risk. In other words, having a beta...
Similar financial terms
Zero-base budgeting
The zero-base budgeting (ZBB) method 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.
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) ...
 See also: Expense, Prepayment, Zero-coupon bond, Checking account, Risk-free asset
  
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