Category: Z

Stage of ‘just in time inventory control’ where any waste is removed and only on hand and required inventory is available.

Local law saying how each parcel of land will be used. Also known as zoning ordinance.

Information technology. No time lag between information exchange to interfaces or the instant response to input.

Document from local government that allows a piece of land to be used for the prescribed purpose.

Firm responding to events as they happen as information between departments is exchanged with no delay.

Way of analyzing an assets swap.

Services and products exempt from value added tax.

Company created by Barry Minnow in the 1980’s that appeared to be successful but most of the profits were from crime , fraud or fabricated. Went public in 1986, bankrupt in 1987.

Decision theory. Where a participant’s gain equals another’s loss. Also known as constant sum game. See negative or positive sum game.

Transaction at the same price as one before it but higher than the one before that.

Municipal stock is traded for a different financial security.

Bond that (1) pays no interest but is sold subpar, (2) interest paying bond stripped of its coupon. Also known as non-interest bearing bond, zero interest bond, zero rated bond.

Ambient air that has been filtered to have less than 0.1 PPM of hydrocarbons.

Used in small businesses and by individuals. Method of bookkeeping with a zero balance at end of the accounting period.

Account used by a company handling very large endorsements.

Code established by US Postal service to indicate each location. Has since been made 9 digits allowing more accurate identification of a location. Stands for Zoning Improvement Plan.

Method of preparing cash flow budgets and operating plans which start from zero at the beginning of each year.