ZBA
A Zero Balance Account or ZBA is a checking account with a maintaining balance of zero. Its sole purpose is to receive funds from a master account. These funds only consist of the exact amount for which a check would be written. So when a check is cashed, the account would have zero balance.
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A problem which arises when a company trades its low-risk assets for high-risk investments. This substitution moves the value from the bondholders ...
Lawful Money
Any currency, in coin or paper form, that is issued by the United States Treasury, not the Federal Reserve System. It also includes gold and silver ...
Red Clause Letter Of Credit
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Trust Certificate
Bond or debt investment backed by other assets and serve like a collateral. Normally in a public company, the assets may be seized or sold for the ...
Cowboy Marketing
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| 14:30 | Raw Materials Price Index | Mar | |
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