It stands for zero-balance account; a checking account (current account) that requires no balance. Rather, it is designed to help...

A checking account (current account) that requires no balance. Rather, it is designed to help companies control and manage their...

A certificate of deposit (CD) that can be purchased at a deep discount to its par value. At maturity, its holder can...

A certificate of deposit (CD) that can be purchased at a deep discount to its par value. At maturity, its holder can...

A bank whose net worth is less than zero, thus, is said to be a walking dead. This happens when a bank’s assets are worth less...