Z-Bond

Last tranche of a CMO, receiving payments after all other tranches, often riskier.

Z-Score

Statistical measure of how many standard deviations a value is from the mean, used in risk models.

Z-Share

Mutual fund share class for employees or insiders, typically with no fees.

Z-Test

Statistical test for comparing means, used in financial hypothesis testing.

Z Tranche

Synonym for Z-Bond, the final CMO tranche with deferred interest payments.

Zacks Investment Research

Firm providing stock research, ratings, and investment tools.

Zacks Lifecycle Indexes

Indices for target-date investing, adjusting risk based on time horizons.

Zakat

Islamic mandatory charity tax, typically 2.5% of wealth, for social welfare.

ZCash

Privacy-focused cryptocurrency using zk-SNARKs for anonymous transactions.

Zero Balance Account (ZBA)

Bank account maintained at zero, with funds swept to a master account.

Zero Balance Card

Prepaid or credit card with no outstanding balance, often for budgeting.

Zero-Based Budgeting (ZBB)

Budgeting method starting from zero, justifying all expenses each period.

Zero Basis Risk Swap (ZEBRA)

Swap eliminating basis risk by aligning floating rates with a benchmark.

Zero-Beta Portfolio

Portfolio with no market risk correlation, aiming for stable returns.

Zero-Bound

Interest rate near 0%, limiting monetary policy options, like during crises.

Zero-Bound Interest Rate

Synonym for zero-bound, complicating central bank stimulus efforts.

Zero Capital Gains Rate

0% tax rate on capital gains for certain low-income taxpayers.

Zero Cost Collar

Options strategy combining a put and call to hedge with no net cost.

Zero-Cost Strategy

Investment or trading strategy with no upfront cost, like collars.

Zero-Coupon Bond

Bond sold at a discount, paying no interest until maturity.

Zero-Coupon Certificate Of Deposit (CD)

CD paying no periodic interest, redeemed at maturity for face value.

Zero-Coupon Convertible

Zero-coupon bond convertible into stock, offering potential upside.

Zero Coupon Inflation Swap

Swap exchanging fixed payments for inflation-linked payments, no coupons.

Zero-Coupon Mortgage

Mortgage with deferred interest, repaid as a lump sum at maturity.

Zero Coupon Swap

Swap where one party pays no interest, exchanging fixed for floating rates.

Zero Day Attack

Cyberattack exploiting unknown software vulnerabilities, risking financial data.

Zero-Dividend Preferred Stock

Preferred stock paying no dividends, often with capital appreciation focus.

Zero-Floor Limit

Merchant policy requiring authorization for all credit card transactions.

Zero-Gap Condition

When interest-sensitive assets equal liabilities, minimizing rate risk.

Zero-Investment Portfolio

Portfolio with no net investment, balancing long and short positions.

Zero Layoff Policy

Company commitment to avoid layoffs, impacting labor cost stability.

Zero Liability Policy

Protection against unauthorized credit card charges, offered by issuers.

Zero-Lot-Line House

Home built on property line, maximizing space, affecting real estate value.

Zero-One Integer Programming

Optimization method using binary variables, used in financial modeling.

Zero Percent

Financing with 0% interest, often promotional, like for auto loans.

Zero Plus Tick

Trade at the same price as the previous trade, after an uptick.

Zero-Proof Bookkeeping

Single-entry bookkeeping ensuring accounts balance to zero, used by small businesses.

Zero-Rated Goods

Goods exempt from VAT but allowing input tax recovery, like exports.

Zero-Sum Game

Situation where one party’s gain equals another’s loss, like options trading.

Zero Uptick

Synonym for zero plus tick, used in short-selling regulations.

Zero-Volatility Spread (Z-spread)

Yield spread over a risk-free rate, accounting for a bond’s cash flows.

Zeta Model

Bankruptcy prediction model using financial ratios, like Altman’s Z-Score.

ZEW Indicator of Economic Sentiment

German survey gauging investor confidence, influencing European markets.

Zig Zag Indicator

Technical tool filtering price noise to highlight significant trends.

zk-SNARK

Cryptographic method for private blockchain transactions, used in ZCash.

Zombie Bank

Insolvent bank kept operational via bailouts, posing systemic risks.

Zombie Debt

Old, unenforceable debt pursued by collectors, often legally invalid.

Zombie ETF

ETF with low assets or trading volume, at risk of closure.

Zombie Foreclosure

Abandoned property where foreclosure is incomplete, leaving title issues.

Zombie Title

Property title held by a borrower after abandoning a foreclosed home.

Zombies

Companies unable to cover debt interest, barely surviving, like zombie banks.

Zomma

Option sensitivity to changes in implied volatility, a third-order Greek.

Zone of Possible Agreement (ZOPA)

Negotiation range where parties can agree, used in financial deals.

Zone of Resistance

Price level where selling pressure halts upward price movement.

Zone of Support

Price level where buying pressure halts downward price movement.

Zoning

Regulations on land use, impacting real estate values and development.

Zoning Ordinance

Local laws specifying land use, like commercial or residential, affecting property.

Zvi Griliches

Economist known for productivity and innovation studies, impacting economic models.

ZZZZ Best

1980s company infamous for accounting fraud, leading to bankruptcy.