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Zero Balance Account (ZBA): Definition in Banking, and Pros and Cons

Financial Concepts

Definition

A zero balance account (ZBA) is exactly what it sounds like: a checking account in which a balance of $0 is maintained. When funds are needed in the ZBA, the exact amount of money required is automatically transferred from a central or master account. Similarly, deposits are swept into the master account daily. Corporations sometimes use zero balance accounts to ensure funds are readily available

In Panel Profits

In the Panel Profits market platform, Zero Balance Account (ZBA): Definition in Banking, and Pros and Cons applies standard financial concepts principles to comic assets and physical collections.

Common mistakes

Do not infer unobserved prices.