A zero balance account is used by corporations to eliminate excess balances in separate accounts and maintain greater control over disbursements.
Investment dictionary. Academic. 2012.
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
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
