Zero Balance Account or Impress Account: A checking account in which zero balance is maintained by transfers of funds from a secondary (impress) account to a master account. Zero-Sum Game: ...
Zero Balance Account. A checking account designed to have a zero balance. The bank transfers enough funds from an interest bearing account each day to pay all checks presented to the bank for payment.
Zero Balance Account A bank account which does not require any minimum balance is termed as a zero balance account. Zero Cost Collar ...
ZBA - Zero Balance Account - A checking account in which a balance of zero is maintained by automatically transferring funds from a master account in an amount only large enough to cover checks presented.
See: Zero balance account Zabara Applies mainly to international equities. Japanese securities transactions conducted on the principal of auction, i.e.
See: Zero balance account Z bond Also known as an accrual bond or accretion bond; a bond on which interest accrues interest but is not paid currently to the investor but rather is accrued, ...
See: Zero balance account ZM The two-character ISO 3166 country code for ZAMBIA. ZMK ...
A single account established by an entity, usually in conjunction with one or more zero balance disbursement accounts. Sometimes the concentration account is referred to as a parent account while the associated zero balance accounts are called ...
See also: Checking account, Expense, Zero-sum game, Prepayment, Plus tick
 
|