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Glossary > Z > "Zero-balance account (ZBA)" Definition

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.

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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.

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.