Z bond This is a bond where the interest gets accumulated and is added to the principal balance. The interest gets paid at a later date when the interest is accreted and hence it is also called as accretion bond. |
Zero - Balance account The account that requires the account holder to maintain a zero balance is a zero balance account. The ZBA account receives funds that are enough to cover those checks which are presented. |
Zero Coupon Bonds Zero Coupon Bonds do not pay an interest to the investor. After a year or more of maturing period, the Zero Coupon Bonds are purchased at the discounted face price. |
Zero-beta portfolio Zero-beta portfolio is a portfolio created using risk free assets. |
Zero-plus tick This is also known as a zero uptick and it is a trade which occurs at the price that is same as the trade preceding it but is higher than the trade that last occurred at a different price. |