| Zero-beta portfolio |
A portfolio constructed to have zero systematic risk, similar to the risk-free asset, that is, having a beta of zero. |
| 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-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. |
