Usually means: Account maintaining no money balance.
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We found 8 dictionaries that define the word zero balance account:

General (2 matching dictionaries)
  1. zero balance account: Dictionary.com
  2. Zero balance account: Wikipedia, the Free Encyclopedia

Business (6 matching dictionaries)
  1. MoneyGlossary.com (No longer online)
  2. INVESTORWORDS (No longer online)
  3. Zero-balance account: bizterms.net
  4. Zero-balance account: Bloomberg Financial Glossary
  5. Zero Balance Account, Zero-balance account, Zero balance account: Financial dictionary

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Definitions from Wikipedia (Zero balance account)

▸ noun:  In finance, a Zero Balance Account is a system of cash pooling (to consolidate the cash balances of several subsidiaries of a single company).


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