ZERO BALANCE ACCOUNT
Account used by a company handling very large endorsements.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Account used by a company handling very large endorsements.
Used in small businesses and by individuals. Method of bookkeeping with a zero balance at end of the accounting period.
Method of preparing cash flow budgets and operating plans which start from zero at the beginning of each year.
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.
Strategy of trading where one option purchased is equal to one option sold.
File of compressed data that can be expanded when received using an unzipping program.
Zero coupon bond that can be converted to common stock at a set price or if government issued into a bond bearing interest.
Provision of collective bargaining agreements stating that all parts of the agreement are contained and nothing has ben left out.
Level of prevention of defects where output is within limits.
Term describing old debts bought to life by actions of collecting it.
Industrial processes that won’t release any toxic or harmful material into the environment.
Dividing land into zones according to features or intensity of disasters.
A spread with the long position in cap or call and the short on the floor or put. This also occurs vice versa. Refer to collar.
A discounted bond that is traded and pays no coupon interest during its life. The difference between par value and discount value generates profit.
A convertible bond that is discounted and exchanged into stock. While it is a bond it acquires interest.
A swap that exchanges floating for fixed rates at maturation. There are no intervening payments during the transaction. They are long term and last 10 or more years. Refer to annual inflation
A sway exchanging periodic payments for one lump payment at maturation.
A yield curve showing discounts for maturities from a starting point to present. This is done through stripping the yield curve.
When a security sells at the price the last transaction had. This price is lower than the transaction prior to that one. Refer to minus tick, plus tick and zero plus tick.
Selling a security at the same price as the last time but higher than the one prior to it. Refer to minus tick, plus tick, and zero minus tick,