Glossary
	Please select a letter below and then vertically scroll to find the word you are looking for  A  |  B  |  C  |  D  |  E  |  F  |  G  |  H  |  I  |  J  |   K  |  L  |  M   N  |  O  |  P  |  Q  |  R  |  S  |  T  |  U  |  V  |  W  |  X  |  Y  |  Z  zero-base budgeting Method for setting a budget in which all spending must be justified each year, not just amounts in excess of the previous year. zero-coupon bond A bond that pays no interest and matures at face value. It provides a return to investors by being sold at a deep discount. Known also as an accrual bond, a deferred interest bond and a strip. zero-coupon convertible A zero-coupon bond issued by a company can be converted into common stock at a certain price; one issued by a government can be converted into an interest-bearing bond. zero-minus tick In stock markets, a price which is the same as that for the previous transaction, but less than that of the trade before that. Also known as a zero-downtick. zero-plus tick In stock markets, a price which is the same as that for the previous transaction, but greater than that of the trade before that. Also known as a zero-uptick. back to top