What does zero balance account mean?

Definitions for zero balance account
ze·ro bal·ance ac·count

Here are all the possible meanings and translations of the word zero balance account.

Wikipedia

  1. Zero balance account

    finance, a Zero Balance Account (ZBA) is a system of cash pooling (to consolidate the cash balances of several subsidiaries of a single company). This system is designed to leave in the current accounts of the subsidiaries the minimum amounts to be able to deal with their debts contracted. The main advantage of this system is to centralize the cash to be able to put it to better interest rates. This system may have the disadvantage of not allowing enough independence to financial subsidiaries.

How to pronounce zero balance account?

  1. Alex
    Alex
    US English
    Daniel
    Daniel
    British
    Karen
    Karen
    Australian
    Veena
    Veena
    Indian

How to say zero balance account in sign language?

  1. zerobalanceaccount

Numerology

  1. Chaldean Numerology

    The numerical value of zero balance account in Chaldean Numerology is: 7

  2. Pythagorean Numerology

    The numerical value of zero balance account in Pythagorean Numerology is: 8

Images & Illustrations of zero balance account

  1. zero balance accountzero balance accountzero balance accountzero balance accountzero balance account

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    "zero balance account." Definitions.net. STANDS4 LLC, 2020. Web. 27 Oct. 2020. <https://www.definitions.net/definition/zero+balance+account>.

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