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Zero Balance Account - ZBA

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Dictionary Says

Definition of 'Zero Balance Account - ZBA'

A checking account in which a balance of zero is maintained by automatically transferring funds from a master account in an amount only large enough to cover checks presented.
Investopedia Says

Investopedia explains 'Zero Balance Account - ZBA'

A zero balance account is used by corporations to eliminate excess balances in separate accounts and maintain greater control over disbursements.

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