Glossary

Z

Z score

Measure of the risk of default of a company or debt security.

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Zero Based Budgeting

Financial planning process in which each expenditure is justified and authorized separately.

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Zero coupon bond

Debt security that does not pay periodic interest but is sold at a discount to...

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Zig Zag Indicator

Technical indicator employed in technical analysis to identify changes in the direction of financial asset...

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