Glossary
Welcome to SFNet's Secured Finance Glossary of industry terms. Currently the SFNet Glossary has over 400 industry terms and definitions. You can search specific terms in the search tool above, or use the alpha tool below and progress on the paginations.
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Zero Balance Account (ZBA) 
A zero balance account, also referred to as a ZBA, is a checking account which always maintains a balance of zero funds at day end. The account is automatically funded from another account in an amount only large enough to cover checks presented.