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Banking & Finance Vocabulary

Z

10 terms

Zacks Lifecycle Indexes

Zacks Lifecycle Indexes are a suite of benchmark indices created by Zacks Investment Research to track and evaluate the performance and asset allocation of targ

Zero Interest

Zero interest refers to a promotional financing offer where no interest is charged on a loan or credit card balance for a specified period. This marketing strat

Zero Liability Policy

A zero liability policy is a consumer protection guarantee under which a credit cardholder is not held responsible for unauthorised or fraudulent transactions m

Zero-Floor Limit

A zero-floor limit is a policy applied to credit and debit card transactions where every single transaction, regardless of its amount, requires real-time online

Zero-Lot-Line House

A zero-lot-line house is a residential property built to the edge of its plot boundary, with little to no setback space between the structure and the property l

Zero-balance account

A zero-balance account is a type of savings account that allows individuals to maintain a balance of ₹0 without incurring any charges. Officially recognized as

Zombies

Zombies are corporations that earn enough revenue to cover their operational costs but lack the ability to repay their debts. These companies barely manage to s

Zoning

Zoning refers to the regulations and laws enacted by local governmental authorities that govern how land and properties within specific geographic areas can be

z score

A Z score, also known as a standard score, quantifies how many standard deviations a data point is from the mean of a dataset. It indicates whether a particular

zero coupon bond

A zero coupon bond is a type of bond that does not pay periodic interest (or coupons) during its term. Instead, it is issued at a significant discount to its fa