Zero-balance account (ZBA)

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. The New York Times Financial Glossary

Financial and business terms. 2012.

Игры ⚽ Поможем сделать НИР

Look at other dictionaries:

  • Zero Balance Account - ZBA — 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. A zero balance account is used by corporations to eliminate excess… …   Investment dictionary

  • 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. The zero balance is maintained by transferring just enough funds from… …   Financial and business terms

  • ZBA — 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. The zero balance is maintained by transferring just …   Financial and business terms

  • ZBA — Zoning Board of Appeals (Community) * Zero Balance Account (Business » Accounting) * ZEBEX America, Inc. (Business » Firms) * Compressed File Run Through UNIX COMPRESS and BTOA (Computing » File Extensions) …   Abbreviations dictionary

  • ZBA —   An acronym for Zero Balance Account …   International financial encyclopaedia

  • parent account — See zero balance account ( ZBA); concentration account …   Financial and business terms

  • daughter account — See zero balance account ( ZBA) …   Financial and business terms

  • subsidiary account — See zero balance account ( ZBA) …   Financial and business terms

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”